{"id":42555,"date":"2024-08-12T14:47:42","date_gmt":"2024-08-12T09:17:42","guid":{"rendered":"https:\/\/newswiredelhi.com\/index.php\/2024\/08\/12\/kennametal-india-sales-higher-by-8-3-percent-for-q4-fy24-pbt-up-48-7-percent-2\/"},"modified":"2024-08-12T14:47:42","modified_gmt":"2024-08-12T09:17:42","slug":"kennametal-india-sales-higher-by-8-3-percent-for-q4-fy24-pbt-up-48-7-percent-2","status":"publish","type":"post","link":"https:\/\/newswiredelhi.com\/index.php\/2024\/08\/12\/kennametal-india-sales-higher-by-8-3-percent-for-q4-fy24-pbt-up-48-7-percent-2\/","title":{"rendered":"Kennametal India sales higher by 8.3 Percent for Q4 FY24, PBT up 48.7 Percent"},"content":{"rendered":"

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Bangalore (Karnataka) [India], August 12:<\/strong> Kennametal India Limited concluded Q4 FY24, ended June 30, 2024, registering sales of\u00a0\u20b9 3,024 Mn, 8.3%\u00a0higher\u00a0as compared to\u00a0\u20b9 2,793 Mn\u00a0in the same quarter last fiscal,\u00a0driven by volume growth by the Hard Metal segment and a strong performance by the Machining Solutions Group.\u00a0Profit Before Tax (PBT) was\u00a0\u20b9 400 Mn against\u00a0\u20b9269 Mn, up 48.7%\u00a0over the same quarter last fiscal.<\/p>\n

Commenting on the results, Vijaykrishnan Venkatesan, Managing Director, Kennametal India said, \u201cOur financial performance was largely driven by domestic market growth and operational excellence leading to higher profitability. We saw robust orders by the Machining Solutions Group, delivering growth of over\u00a020.5%\u00a0for the quarter. We continued to execute our strategic imperatives, which drove profitable growth and maintained our focus on long-term value creation for our stakeholders.\u201d\u00a0<\/p>\n

About Kennametal\u00a0<\/strong><\/p>\n

Kennametal India Limited is a subsidiary of Kennametal Inc., USA. With over 80 years as an industrial technology leader,\u00a0Kennametal Inc.\u00a0delivers productivity to customers through materials science, tooling, and wear-resistant solutions. Customers across aerospace, earthworks, energy, general engineering, and transportation turn to\u00a0Kennametal\u00a0to help them manufacture with precision and efficiency. Every day approximately 8,600 employees are helping customers in more than 60 countries to stay competitive.\u00a0Kennametal\u00a0Inc. generated approximately\u00a0$2.1 billion\u00a0in revenues in fiscal 2024. Learn more atwww.kennametal.com<\/a>. Follow @Kennametal: Instagram, Facebook, LinkedIn, and YouTube.<\/p>\n

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Bangalore (Karnataka) [India], August 12: Kennametal India Limited concluded Q4 FY24, ended June 30, 2024, registering sales of\u00a0\u20b9 3,024 Mn, 8.3%\u00a0higher\u00a0as compared to\u00a0\u20b9 2,793 Mn\u00a0in the same quarter last fiscal,\u00a0driven […]<\/p>\n","protected":false},"author":1,"featured_media":42556,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_rishi_post_view_count":129},"categories":[9],"tags":[674],"class_list":["post-42555","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press-release","tag-pressrelease","rishi-post"],"rishi__cb_customizer_meta":"","comments_count":"0","_links":{"self":[{"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/posts\/42555","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/comments?post=42555"}],"version-history":[{"count":0,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/posts\/42555\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/media\/42556"}],"wp:attachment":[{"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/media?parent=42555"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/categories?post=42555"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/tags?post=42555"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}