Kennametal India Q3 revenue jumps 39% to Rs 403 crore, net profit doubles to Rs 51 crore

Kennametal India reported sharp growth in quarterly revenue and profit, supported by strong demand for hard metal products and volume expansion. Rising raw material costs increased expenses, while the company highlighted supply chain management ef...

ETMarkets.com
Kennametal India posted robust quarterly earnings growth driven by hard metal product demand, operational strength and favourable economic conditions despite higher raw material expenses.
Kennametal India's revenue rose 39% to Rs 403 crore in the quarter ended March 2026, while net profit more than doubled to Rs 51 crore, as demand for hard metal products remained robust.

The Bengaluru-based industrial toolmaker had posted revenues of Rs 290 crore and a net profit of Rs 24 crore in the same quarter last year, the company said in a release.

Hard metals and hard metal products drove the topline, with segment revenues rising to Rs 403 crore from Rs 334 crore a year ago.


Total expenses climbed to Rs 338 crore from Rs 261 crore, led by raw material costs accounting for the most of the increase, rising to Rs 128 crore from Rs 78 crore.

"Our strong performance during the quarter reflects our ability to leverage our diversified product portfolio and capitalise on favourable macroeconomic conditions to drive volume expansion," said Vijaykrishnan Venkatesan, Managing Director, Kennametal India. "We are also actively managing our tungsten supply chain and remain focused on operational excellence to meet our customers' needs."

The company declared an interim dividend of Rs 40 per share for FY26. The stock closed at Rs 2,831 on the BSE on Thursday.
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