KENNAMET · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Kennametal India's board, at its meeting on November 5, 2025, approved the unaudited financial results for the quarter ended September 30, 2025, with no qualifications from auditors Price Waterhouse & Co. Separately, the board cleared pre-project activities and a capital expenditure of approximately Rs 68 crore to set up a new greenfield project in India for its MSG (Metalworking Solutions Group) business. The approved pre-project scope includes initial studies, land identification, and preparation of a detailed feasibility report. A press release on the quarterly financials was also enclosed with the filing.
The Rs 68 crore greenfield project signals future capacity expansion and growth ambitions for the MSG business, though the capex is currently only at the pre-project planning stage with no immediate impact on earnings. Shareholders should track further updates on land acquisition and the detailed feasibility report to gauge execution timelines and total project cost.