Business Economy


Kennametal India Q3 sales up 7.7 pc, profit falls

Bengaluru, May 15 (UNI) Kennametal India Limited (KIL) on Thursday announced its financial results for the third quarter of fiscal year 2025, ending March 31, 2025, registering a 7.7 percent year-on-year increase in sales.
The company’s sales stood at ₹ 2,896 million for the quarter, up from ₹ 2,688 million recorded in the corresponding period last year. Profit Before Tax (PBT) declined to ₹ 328 million from ₹ 517 million in the same quarter of the previous fiscal, remaining largely flat sequentially compared to the prior quarter.
The growth in sales was primarily driven by strong demand in the domestic market across both the Hard Metals and Machine Tools segments.
Commenting on the performance, Vijaykrishnan Venkatesan, Managing Director of KIL, said, “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. 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.”
The company also declared an interim dividend of ₹ 40 per share for FY25, up from ₹ 30 per share for FY24, reflecting robust cash flows.
UNI BDN GNK
More News

Indian REITs Association welcomes RBI’s decision to permit bank lending to REITs

07 Feb 2026 | 12:47 AM

Chennai, Feb 6 (UNI) The Indian REITs Association (IRA) on Friday welcomed the Reserve Bank of India’s (RBI) decision to allow banks to lend directly to Real Estate Investment Trusts (REITs).

see more..

Jio triumphs with 333 47 Mbps 5G download speed across Odisha’s Berhampur city

07 Feb 2026 | 12:22 AM

Bhubaneswar, Feb 6 (UNI) Odisha’s leading digital service provider, Reliance Jio, proved its 5G network dominance as it delivered the highest 333.47 Mbps 5G download speed at busy hotspots across Brahmapur city, in the latest independent drive test (IDT) results, published by Telecom Regulatory Authority of India (TRAI).

see more..

India Poised for Global Trade Leadership: Experts at FTCCI Conference

06 Feb 2026 | 10:45 PM

Hyderabad, Feb 6 (UNI) India is well-positioned to emerge as a global trade leader, supported by strong economic fundamentals, demographic advantages, and proactive trade policies, experts said at a high-level conference on Business Resilience & Global Trade Management held here on Friday.

see more..

AP: Japan’s Fukuoka business delegation eyes investment, expansion opportunities at Sri City

06 Feb 2026 | 10:11 PM

Sri City (Tirupati dist), Feb 6 (UNI) In a move highlighting deepening Indo-Japanese economic engagement, a seven-member business delegation from the Fukuoka Foreign Trade Association (FFTA), Fukuoka Prefecture, Japan, visited Sri City on Friday to explore investment opportunities and industrial partnerships.

see more..

RBI repo rate pause puts spotlight on market microstructure: SBI

06 Feb 2026 | 8:13 PM

New Delhi, Feb 6 (UNI) The Reserve Bank of India’s Monetary Policy Committee (MPC) unanimously decided to keep the policy repo rate unchanged at 5.25 per cent and continue with a neutral stance, even as one external member favoured a shift towards an accommodative position, according to SBI Research’s latest Ecowrap report released here on Friday.

see more..