CUMI Reports Q2 Profit Decline to ₹12 Crore
Carborundum Universal reported net profit of ₹12 crore for the quarter ended September 2026, down from ₹74 crore in the same quarter last year. Profit was impacted by an ₹80 crore exceptional item related to the closure of its German subsidiary.
Murugappa Group materials entity, Carborundum Universal (CUMI), reported a net profit of ₹12 crore in the quarter ended September 2026 (Q2 FY27), a steep decline from ₹74 crore it made in the same quarter last year.Profit was impacted by an exceptional item of ₹80 crore, related to the closure of o…