Author: NT Bureau

Carborundum Universal, part of Murugappa Group, announced that the consolidated sales (without excise duty) for the quarter, increased by 22 per cent to Rs 626 crore from Rs 512 crore, driven by better performance from all the business segments. At a standalone level, sales (without excise duty) grew by 28 per cent.

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Shanthi Gears Ltd (SGL), a subsidiary of Tube Investments of India (TII) has announced its Q1 results for FY19 and stated that the turnover for the quarter was higher by 10 per cent in comparison to the same quarter of the previous year at Rs 61.95 crore against Rs 56.49 crore.

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