Bengaluru, India - Kennametal India Ltd (KIL), a subsidiary of Kennametal Inc, US, reported its third quarter FY25 results (ended March 31, 2025), with a 7.7 percent growth in sales over the same quarter last year. Sales were INR 2,896 million (Mn), 7.7 percent higher as compared to INR 2,688 Mn in the same quarter last fiscal year. Profit Before Tax (PBT) was INR 328 Mn, lower than INR 517 Mn in the same quarter last fiscal year and sequentially flat over the previous quarter. The higher sales is attributed to growth in the domestic market from both the Hard Metals and Machine Tools segments.
Commenting on the results, Vijaykrishnan Venkatesan, Managing Director, KIL, said, “Our sales expansion was driven by our growth initiatives, winning business with new customers, and providing customers with end-to-end solutions that deliver tremendous value. As we complete the last quarter of our fiscal year, the focus will be on continuing the topline growth momentum and driving operational efficiency to enhance profitability.”
KIL announced an Interim dividend of INR 40/- per share for FY25, supported by strong cash flows, as against INR 30/- per share for FY24.
Image Source: Kennametal India Ltd