Carborandum Universal

New Delhi : Carborandum Universal recorded robust 32% growth in consolidated net sales to Rs. 465.29 crore for the quarter ended June 2011, on the back of in excess of 25% growth across all business segments. Abrasive business sales grew by 34% to Rs. 197.85 crore quarter ended June 2011, on the back of strong off-take from the user industries in India and Russia. In addition, Elecrominerals business sales grew by 33% to Rs. 176.3 crore on the back of robust performance of the Indian, Russian and South African operations. Further, Ceramics business grew by 27% to Rs. 101.04 crore mostly driven by the domestic market.