Kennametal India Reports 29% Rise in Q1 Profit
Kennametal India Ltd. posted a 28.8% year-on-year increase in profit before tax to Rs 434 million for the September quarter, driven by higher market demand and improved operational efficiency. Revenue rose 9.5% to Rs 2,960 million, with the hard metal segment remaining the primary revenue contributor.
Kennametal India Ltd. announced a significant 28.8% year-on-year growth in profit before tax, reaching Rs 434 million for the September quarter. This improvement was attributed to increased market demand and enhanced operational efficiency. The company's revenue also climbed by 9.5% to Rs 2,960 million during the same period. The hard metal segment continued to be the main driver of revenue, contributing substantially to the positive financial results. The strong performance highlights the company's ability to capitalize on market opportunities and maintain its competitive edge in the manufacturing sector.
