CUMI Q2 net rises 25% on higher sales

Nov 2, 2021
og image

[ad_1]

Murugappa group agency Carborundum Common Ltd. (CUMI) standalone web revenue for the second quarter ended September rose 25% to nearly ₹63 crore on improved gross sales quantity.

Revenue from operations rose 30% to ₹551 crore. Revenues from abrasives, ceramics and electro-minerals stood at ₹268 crore, ₹172 crore and ₹142 crore respectively, CUMI mentioned.

CUMI’s arm Foskor Zirconia (Pty) Ltd., South Africa, had incurred a ₹3.70 crore loss for the six-month interval ended September, of which ₹1.89 crore had been thought-about within the group’s consolidated financials, being father or mother’s share.


Supply- thehindu