The Board of Kennametal India at its meeting held on 11 March 2024 has approved the appointment of Amit Laroya (DIN: 00098933) as an Additional Director in the category of Non Executive and Independent Director of the Company effective 11 March 2024. Powered by Capital Market - Live News

Net profit of Kennametal India rose 13.70% to Rs 24.90 crore in the quarter ended December 2023 as against Rs 21.90 crore during the previous quarter ended December 2022. Sales declined 1.46% to Rs 270.80 crore in the quarter ended December 2023 as against Rs 274.80 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales270.80274.80 -1 OPM %15.7713.72 - PBDT44.4038.90 14 PBT33.4029.60 13 NP24.9021.90 14 Powered by Capital Market - Live News

Kennametal India will hold a meeting of the Board of Directors of the Company on 9 February 2024.Powered by Capital Market - Live News

Kennametal India announced the launch of VT850� a 2-axis, standard `plug-and-play` vertical turning lathe designed for machining a wide range of large components that require heavy metal removal and unmatched accuracy with best-in-class productivity.VT850 is ideal for machining components of massive size and complex geometries such as pumps and valves, automobile components, motor bodies, bearings and graphite blocks. The turning lathe allows users to combine several operations without compromising component quality.Powered by Capital Market - Live News

Net profit of Kennametal India declined 45.54% to Rs 17.10 crore in the quarter ended September 2023 as against Rs 31.40 crore during the previous quarter ended September 2022. Sales declined 3.52% to Rs 257.90 crore in the quarter ended September 2023 as against Rs 267.30 crore during the previous quarter ended September 2022. ParticularsQuarter Ended�Sep. 2023Sep. 2022% Var. Sales257.90267.30 -4 OPM %13.5317.51 - PBDT36.6047.90 -24 PBT26.2039.00 -33 NP17.1031.40 -46 Powered by Capital Market - Live News