We hereby enclose un-audited financial results for the third quarter & nine months ended March 31, 2025 as approved by the Board at its meeting held today
KENNAMET · price
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Kennametal India posted Q3 FY25 revenue of ₹289.6 crore, up about 7.7% from ₹268.8 crore in Q3 FY24. Net profit for the quarter was ₹24.4 crore, lower than ₹38.3 crore last year, mainly because Q3 FY24 included a one-time ₹12.7 crore exceptional gain (interest on a tax refund). For the nine months ended March 2025, revenue rose to ₹846.9 crore from ₹797.5 crore, while net profit slipped to ₹71.6 crore from ₹80.3 crore on the same comparable basis. The statutory auditor (Price Waterhouse) issued a clean limited review report with no qualifications or adverse remarks. The Board declared a 400% interim dividend of ₹40 per share, higher than last year, citing strong cash flows, with the record date set for May 28, 2025.
Underlying operating performance looks steady with mid-single-digit revenue growth and margin expansion once the prior-year exceptional item is excluded. The higher interim dividend is a positive cash-return signal for shareholders, while the postal ballot on related-party transactions with the parent group (Kennametal Inc. and Kennametal Europe GmbH) is a routine governance step worth noting.