'Standalone net sales (including other operating income) of Kennametal India for the quarter ended Sep 2024 has increased 4.85% to Rs 270.40 crore. Sales of Machining solutions segment has gone up 17.78% to Rs 26.50 crore (accounting for 9.80% of total sales). Sales of Hard Metal & Hard Metal Products segment has gone up 3.61% to Rs 243.90 crore (accounting for 90.20% of total sales).
Profit before interest, tax and other unallocable items (PBIT) has jumped 26.56% to Rs 40.50 crore. PBIT of Machining solutions reported profit of Rs 1.30 crore compared to loss of Rs 1.00 crore. PBIT of Hard Metal & Hard Metal Products segment rose 18.79% to Rs 39.20 crore (accounting for 96.79% of total PBIT).
PBIT margin of Machining solutions segment rose from negative 4.44% to 4.91%. PBIT margin of Hard Metal & Hard Metal Products segment rose from 14.02% to 16.07%. Overall PBIT margin rose f...
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