Kindy find hereunder the outcome of the Board Meeting held today: 1. Approval of un-audited Financial Results of the Company for the first quarter ended September 30, 2025 2. The Press ....
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 approved unaudited financial results for Q1 FY26 (quarter ended September 30, 2025). Revenue from operations grew 9.47% year-on-year to Rs 296 crore (from Rs 270.4 crore). Profit Before Tax jumped 28.78% to Rs 43.4 crore, and net profit rose about 25.6% to Rs 31.4 crore (from Rs 25 crore), translating to EPS of Rs 14.30 vs Rs 11.39. The Hard Metal segment remained the primary growth driver. Statutory auditors Price Waterhouse issued a clean limited review report with no qualifications or adverse remarks. The Board also approved pre-project activities and a capex of about Rs 68 crore for a greenfield project in India for the Machining Solutions Group (MSG) business.
Strong Q1 earnings with profit growth significantly outpacing revenue growth signals improved operating efficiency and pricing power, which is positive for shareholders. The Rs 68 crore greenfield capex announcement signals management's confidence in long-term growth, though it may pressure near-term returns. Clean auditor report removes any near-term governance overhang.