Friday, May 16 2025 | Time 03:34 Hrs(IST)
Business Economy


Kennametal India Q3 sales up 7.7 pc, profit falls

Bengaluru, May 15 (UNI) Kennametal India Limited (KIL) on Thursday announced its financial results for the third quarter of fiscal year 2025, ending March 31, 2025, registering a 7.7 percent year-on-year increase in sales.
The company’s sales stood at ₹ 2,896 million for the quarter, up from ₹ 2,688 million recorded in the corresponding period last year. Profit Before Tax (PBT) declined to ₹ 328 million from ₹ 517 million in the same quarter of the previous fiscal, remaining largely flat sequentially compared to the prior quarter.
The growth in sales was primarily driven by strong demand in the domestic market across both the Hard Metals and Machine Tools segments.
Commenting on the performance, Vijaykrishnan Venkatesan, Managing Director of 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.”
The company also declared an interim dividend of ₹ 40 per share for FY25, up from ₹ 30 per share for FY24, reflecting robust cash flows.
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