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Tools manufacturer Kennametal India Q1 profit rises 29% to Rs 434 crore
The Economic Times· 2025-11-05 13:14
Core Insights - Kennametal reported a revenue increase of 9.5% to Rs 2,960 crore for the quarter, up from Rs 2,704 crore in the same period last year [1][5] - The company experienced a 28.8% year-on-year increase in profit before tax, reaching Rs 434 crore, attributed to rising demand and operational efficiency [5] - Earnings per share (EPS) rose to Rs 14.3 from Rs 11.4 a year ago [5] Revenue Breakdown - The hard metal segment was the primary revenue contributor, generating approximately Rs 2,639 crore, while machining solutions contributed Rs 321 crore [2][5] Strategic Focus - The company is focused on advancing manufacturing and expanding its market presence in India, where it produces a variety of metal-cutting tools, wear solutions, and special-purpose machines [1][5] - Kennametal operates in over 60 countries and serves sectors including aerospace, energy, and transportation, with global revenues of around $2 billion reported for FY25 [5]