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Carborundum: profit jumps a marginal 8% - Views on News from Equitymaster
 
 
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  • Oct 29, 1999

    Carborundum: profit jumps a marginal 8%

    Carborundum Universal - India's largest abrasives manufacturer, has recorded a marginal 8% growth in net profit to Rs 74 m in the second quarter of FY2000. The turnover saw zero growth and stood at Rs 651 m during the same period.

    (Rs m) 2QFY2000 2QFY1999 Change
    Net Sales 651 651 0.0%
    Other Income 18 18 2.9%
    Expenditure 498 508 -2.1%
    Interest 42 45 -7.0%
    Depreciation 31 29 5.1%
    Profit before Tax 99 86 14.8%
    Tax 25 17 42.2%
    Profit after Tax 74 69 8.0%
    Net profit margin 11.4% 10.6%  

     

     

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