CUCarborundum Universal513375Quarterly results

Board approves Sept quarter results; ESOP allotment and German subsidiary closure update

Board approved unaudited results for the quarter and half year ended 30th September 2026, standalone and consolidated, subjected to a limited review by statutory auditors Price Waterhouse Chartered Accountants LLP.

By ScoutQuest · Mon 2 Nov 2026, 5:20 PM IST · 2 min read

Consolidated revenue from operations

1,46,905 lakh, against 1,28,672 lakh a year earlier

Consolidated net profit for the period

1,204 lakh, against 7,426 lakh a year earlier

Exceptional items (consolidated)

(8,026) lakh

Board meeting outcome (2nd November 2026)

The Board of Directors met on 2nd November 2026 and approved the unaudited financial results of the company for the quarter and half year ended 30th September 2026, in standalone and consolidated form. The results were subjected to a limited review by the statutory auditors, Price Waterhouse Chartered Accountants LLP.

Consolidated quarter at a glance

• Revenue from operations: 1,46,905 lakh, against 1,28,672 lakh in the same quarter a year earlier.
• Net profit for the period: 1,204 lakh, against 7,426 lakh a year earlier.
• The quarter includes exceptional items of (8,026) lakh, shown as a separate line in the consolidated statement, distinct from the ordinary expense lines.

Standalone quarter

• Net profit for the period: 7,229 lakh.

Also decided or updated in the same update

• ESOP allotment: 11,882 equity shares were allotted during the current quarter pursuant to exercise of Employee Stock Options.
• Subsidiary closure: CUMI Awuko Abrasives GmbH (CAAG), a wholly owned step down subsidiary of the company, has entered into agreements in October 2026 for the sale of all its property, plant and equipment and inventory for an aggregate consideration of Rs. 534 lakhs. CAAG has also entered into a reconciliation of interest and social plan with all its employees in accordance with applicable German labour law requirements. The financial impact arising from these actions is disclosed in the notes to the financial statements for the period ended 30th September 2026. The closure process is progressing in accordance with applicable German laws and CAAG is now proceeding with the final liquidation/de-registration.

How a retail reader can place this

• Two things sit side by side in the consolidated quarter: revenue from operations of 1,46,905 lakh and a separate exceptional items line of (8,026) lakh. Net profit for the period of 1,204 lakh is the figure after that line, so the reader can see how much of the quarter's outcome came from the ordinary business and how much from the separately shown item.
• The subsidiary update follows the earlier intimation of 30th March 2026 about the decision to initiate closure of CAAG; the October 2026 asset sale agreements and the employee social plan are the steps before final liquidation.
• The results are also published as an extract of the consolidated results with a QR code in English and Tamil newspapers, and the detailed standalone and consolidated results are available on the company website and the stock exchange websites.

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