Kennametal India's July-Sep quarter PBT jumps to Rs 143 cr on strong hard metal volumes

Kennametal India reports over threefold growth in Q1 FY27 profit before tax to Rs 142.7 crore, while revenue surges 86.4% year-on-year. Strong hard metal volumes and favourable raw material pricing drive performance.

Agencies

The company said the topline expansion was propelled by stronger volume growth in its hard metal business and favourable raw material pricing dynamics.

Kennametal India Limited (KIL) reported an over threefold surge in profit before tax (PBT) to Rs 142.7 crore for the first quarter ended September 30, 2026, compared with Rs 43.4 crore in the corresponding period last year, according to an official release.

Revenue from operations rose 86.4% year-on-year to Rs 551.7 crore, up from Rs 296 crore in Q1 FY26. The company said the topline expansion was propelled by stronger volume growth in its hard metal business and favourable raw material pricing dynamics.

"We have opened FY27 with a solid performance, marked by strong revenue growth and improved profitability. These results were primarily driven by the favorable timing of raw material-related pricing compared to costs and stronger volumes supported by sustained demand across end-use segments," Vijaykrishnan Venkatesan, managing director, Kennametal India, said in the statement.


He noted that while the operating environment remains shaped by geopolitical uncertainties and historically elevated tungsten prices, the company’s disciplined execution and resilient business model position it to capture growth opportunities across key markets.
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