Tool maker Kennametal India Q1 profit rises 29% to Rs 434 crore

Industrial tools maker Kennametal India Ltd (KIL) on Wednesday reported a 28.8% year-on-year rise in pre-tax profit to Rs 434 crore in its September quarter results. The company attributed its growth to rising demand across all markets and continued focus on operational efficiency.Kennametal said revenue for the quarter rose 9.5% to Rs 2,960 crore, compared to Rs 2,704 crore in the same period last year.

“Our first quarter (September) performance is largely driven by continued momentum in key end markets, strategic growth initiatives and disciplined operational execution,” said Vijaykrishnan Venkatesan, managing director of the company. He added that the company’s carbide and machining solutions segments helped customers address complex manufacturing challenges.

The company said it remains focused on advancing production and expanding its market presence in the country. In India, the company produces a wide range of metal cutting tools, wear solutions and special purpose machines. Kennametal’s main manufacturing plant is located in Bengaluru.

The cemented carbide segment remained the company’s top revenue generator, contributing around Rs 2,639 crore to the quarterly results, while machining solutions generated Rs 321 crore.

Kennametal’s earnings per share (EPS) rose to Rs 14.3 from Rs 11.4 a year ago, the company said in its results. Kennametal India is a subsidiary of Kennametal Inc., USA. The US-headquartered company operates in more than 60 countries, serving industries such as aerospace, energy and transportation. It reported global revenue of about $2 billion in FY25.