Kennametal India reports strong Q1 FY26 results, plans greenfield project

Kennametal India Limited (KIL) reported its unaudited financial results for the first quarter ended September 30, 2025, with revenues from operations reaching ₹2960 million, a 9.47% increase from ₹2704 million in the same period last year. Profit Before Tax (PBT) rose by 28.78% to ₹434 million, up from ₹337 million in Q1 FY25, driven by strong end markets, strategic growth initiatives, and operational execution. These results were reviewed by Price Waterhouse & Co Chartered Accountants LLP, with no qualifications or adverse remarks.

In addition to strong financial performance, the board of directors approved pre-project activities and a capital expenditure of approximately Rs 68 crores for establishing a greenfield project in India for the company's MSG Business. These pre-project activities include initial studies, land identification, and the preparation of a detailed feasibility report.

The board meeting underscores Kennametal India's commitment to advancing manufacturing excellence and expanding its market presence as part of its long-term growth strategy.