Kennametal India (505890) Q3 24/25 earnings summary

Executive summary

• Un-audited financial results for the third quarter and nine months ended March 31, 2025, were approved, with no qualifications or adverse remarks from auditors.

• Interim dividend of INR 40 per share (400%) declared, higher than previous years, reflecting strong cash flows.

• Board approved resolutions for related party transactions and key management appointments, including re-appointment of the Managing Director for five years.

Financial highlights

• Revenue from operations for Q3 FY25 was INR 2,896 million, up from INR 2,688 million in Q3 FY24; nine-month revenue was INR 8,469 million, up from INR 7,975 million year-over-year.

• Net profit for Q3 FY25 was INR 989 million, compared to INR 1,113 million in Q3 FY24; nine-month net profit was INR 2,613 million, up from INR 2,578 million year-over-year.

• Earnings per share for Q3 FY25 stood at INR 11.11, compared to INR 17.43 in Q3 FY24; nine-month EPS was INR 32.58, compared to INR 36.53 year-over-year.

• Exceptional income of INR 127 million recognized as interest income on income tax refund.

Outlook and guidance

• Higher interim dividend signals confidence in ongoing strong cash flows and business performance.