Kennametal India Limited (KIL) has announced its financial results for the third quarter of FY25, demonstrating steady progress in revenue growth despite market headwinds. The company reported a 7.7% year-over-year increase in sales, with revenues rising to ₹2,896 million for the quarter ended March 31, 2025, compared to ₹2,688 million during the same period last fiscal. The Board has also declared an interim dividend of ₹40 per share for FY25, a significant increase from ₹30 per share in FY24, reflecting the company’s robust cash flow and shareholder commitment.
A subsidiary of the global industrial technology leader Kennametal Inc, KIL has been a key enabler of precision manufacturing in India, catering to sectors such as automotive, aerospace, energy, general engineering, and infrastructure. Known for its advanced cutting tools, tooling systems, and wear-resistant solutions, Kennametal India continues contributing to the “Make in India” initiative by equipping manufacturers with world-class capabilities and locally engineered solutions. With a legacy of innovation and customer-centricity, the company remains at the forefront of helping Indian manufacturers enhance productivity and efficiency.
In the third quarter of FY25, Kennametal India posted sales of ₹2,896 million, a 7.7% increase from the same quarter in FY24. However, Profit Before Tax (PBT) stood at ₹328 million, which is lower compared to ₹517 million in Q3 FY24 and nearly flat compared to the previous quarter. The sales growth was primarily fueled by the strong performance of both the Hard Metals and Machine Tools segments in the domestic market, highlighting the effectiveness of KIL’s market expansion and customer acquisition strategies.
Vijaykrishnan Venkatesan, Managing Director of Kennametal India Limited, attributed the company’s growth momentum to its strategic initiatives and customer-focused approach. “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,” he stated. Emphasising the path ahead, he added, “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.”
This performance underscores Kennametal India’s resilience and agility in responding to evolving market demands. The company’s continued focus on innovation, localised solutions, and value-added services positions it as a trusted partner in India’s manufacturing transformation. With India’s manufacturing sector gaining momentum across key verticals, Kennametal’s precision engineering and cutting tool solutions support this industrial evolution.
As KIL enters the final quarter of the fiscal year, its strategy to balance topline growth with operational efficiencies will be central to maintaining shareholder value and sustaining long-term competitiveness. With a solid foundation, growing domestic presence, and global expertise, Kennametal India is well-positioned to accelerate its contribution to India’s precision manufacturing journey.
