Continued losses at AUKO and FOSCAR
AUKO and FOSCAR continue to incur losses, with AUKO's loss before tax widening to €2.7 million in Q3 FY26. Management is evaluating options, including potential divestment.
high · management_commentaryCarborundum Universal Limited — Q3 FY26
Carborundum Universal reported consolidated Q3 FY26 revenue of ₹1,273 crore, up 2.5% YoY, with PAT of ₹76 crore (vs ₹35 crore in Q3 FY25, which included an exceptional item).
neutral
medium
Financial stats pending filing verification
Risk Intelligence
Material risks this quarter
Concise cards keep the risk register scannable while preserving evidence-level context in the underlying quarter data.
Risks
Project delays in US ceramics market
Ceramics growth is impacted by project delays in the US due to tariff uncertainty, leading to muted 9-month standalone growth of 1.7%.
medium · management_commentaryVAW sanctions impact
VAW sales dropped 46% YoY due to US sanctions imposed in January 2025, with no clear timeline for resolution.
high · data_observationFOSCAR price pressure from Chinese competition
FOSCAR faces significant price pressure from Chinese competitors, with realizations down 13% despite volume growth of 22%.
medium · analyst_question