'Standalone net sales (including other operating income) of Kennametal India for the quarter ended Jun 2024 has increased 8.27% to Rs 302.40 crore. Sales of Machining solutions segment has gone up 20.54% to Rs 53.40 crore (accounting for 17.66% of total sales). Sales of Hard Metal & Hard Metal Products segment has gone up 5.96% to Rs 249.00 crore (accounting for 82.34% of total sales).
Profit before interest, tax and other unallocable items (PBIT) has jumped 43.28% to Rs 48.00 crore. PBIT of Machining solutions segment rose 85.71% to Rs 9.10 crore (accounting for 18.96% of total PBIT). PBIT of Hard Metal & Hard Metal Products segment rose 36.01% to Rs 38.90 crore (accounting for 81.04% of total PBIT).
PBIT margin of Machining solutions segment rose from 11.06% to 17.04%. PBIT margin of Hard Metal & Hard Metal Products segment rose from 12.17% to 15.62%. Overall PBIT margin rose...
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