Kennametal said its revenue for the quarter rose 9.5% to Rs 2,960 crore from Rs 2,704 crore in the same period last year.
“Our Q1 (September) performance is driven largely 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 hard metal and machining solutions segments helped customers address complex manufacturing challenges.
The company said it remains focused on advancing manufacturing and is looking to expand its market presence in the country. In India the firm manufactures a wide range of metal-cutting tools, wear solutions, and special-purpose machines. Kennametal’s main manufacturing plant is located in Bengaluru.
The hard metal segment continued to be the company’s main revenue generator, contributing about Rs 2,639 crore to the quarterly results, while machining solutions generated Rs 321 crore.
Kennametal’s earnings per share (EPS) increased 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 over 60 countries and serves sectors such as aerospace, energy, and transportation. It reported global revenues of around $2 billion in FY25.