Please find enclosed copy of Press Release dated February 5, 2026
KENNAMET · price
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Kennametal India reported Q2 FY26 (quarter ended December 31, 2025) revenues of ₹3,340 million, up 16.4% from ₹2,870 million in the same quarter last year. Profit Before Tax stood at ₹353 million, a 9% increase from ₹324 million in Q2 FY25, though this included a one-time cost of ₹34 million related to the implementation of new labour codes. The company attributed the strong performance to favorable macroeconomic conditions in India, volume growth, strategic pricing actions, and gains in the Hard Metal segment. Managing Director Vijaykrishnan Venkatesan highlighted the company's ability to capitalize on India's economic growth while navigating the dynamic tungsten pricing environment. Kennametal India reaffirmed its commitment to manufacturing excellence, market expansion, and shareholder value creation as part of its long-term growth strategy.
Strong double-digit revenue growth and mid-single-digit PBT growth signal healthy operational momentum for Kennametal India. The underlying growth appears even stronger when adjusting for the one-time labour code cost, which is a positive signal for shareholders despite the modest profit growth on a reported basis.