[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"article-kennametal-india-reports-128-percent-surge-in-profit-before-tax-for-q2-fy24":3,"$fjnKX72BiLw-CiZZ5MQCs0a0C_bANyAZUVd6PqPzBgJg":30,"$f-j9YGNBwRSSL7SH4JzUpRZrBt_Eb-enBkRymgC2HvJg":167,"$fzgh9HMZBeog6YYmi6_wf9F1_8E0448vNEX9r4SOC_2g":208,"$fx0Dz-WUAXgaGJDFKp5JoFihuourpw4oC0uNO6EDK9Y8":214,"$fBs-3dKXserit54u6K6tjeid5TCkHQqDr9_Bj5KlRb7I":246},{"data":4},{"id":5,"title":6,"slug":7,"excerpt":8,"content":9,"imageUrl":10,"socialImageUrl":11,"publishedAt":12,"author":13,"category":14,"likes":15,"summary":16,"captionLinkedin":17,"captionTwitter":18,"captionInstagram":19,"seo":20,"prevPost":22,"nextPost":26},835,"Kennametal India Reports 12.8 Percent Surge in Profit Before Tax for Q2 FY24","kennametal-india-reports-128-percent-surge-in-profit-before-tax-for-q2-fy24","Kennametal India records a 12.8% surge in Q2 FY24 profit before tax, navigating softening market conditions with operational efficiency.","\u003Cp>\u003Cimg style=\"float: left;\" src=\"https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FFebruary2024\u002FKennametal.jpg\" alt=\"\" width=\"227\" height=\"198\">Kennametal India Ltd, a leading supplier of tooling and industrial materials, reported its second quarter FY24 results (ended December 31, 2023), with a marginal drop in sales, while Profit Before Tax (PBT) was up 12.8 percent over the same quarter last year. Sales were INR 2,708 million, 1.5 percent lower as compared to INR 2,748 million in the same quarter last fiscal year. \u003C\u002Fp>\r\n\u003Cp>Profit Before Tax (PBT) was INR 334 million, 12.8 percent higher as compared to INR 296 million in the same quarter last fiscal year. The overall sales were affected by softening market conditions, impacting both the Hard Metals and Machine Tools segments. \u003C\u002Fp>\r\n\u003Cp> On the results, Vijaykrishnan Venkatesan, Managing Director, Kennametal India Ltd, commented, “Our focus on operational efficiency has helped improve our profitability both sequentially and on a year-over-year basis. As we leverage a profitable product mix, focus on share gain in high growth segments and new territories, and deliver value to customers through a ‘full solutions’ approach, we are well poised to drive sales and improve profitability.”\u003C\u002Fp>\r\n\r\n\u003Cp>For more information: \u003Cstrong>www.kennametal.com\u003C\u002Fstrong>\u003C\u002Fp>","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FFebruary2024\u002F6n9LsypoTqi2U6jkLWJA.jpg","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fsocial\u002Fhorizontal\u002Fposts\u002FFebruary2024\u002F6n9LsypoTqi2U6jkLWJA.jpg","2024-02-27T04:52:10+05:30","MWM Desk","News",0,"Kennametal India reported a 12.8 percent year-over-year increase in Profit Before Tax, reaching INR 334 million for Q2 FY24.\nSales for the quarter dipped 1.5 percent to INR 2,708 million, impacted by softening market conditions in key segments.\nThe company plans to drive future growth through a focus on operational efficiency and high-growth market segments.","Kennametal India has announced its Q2 FY24 financial results, demonstrating impressive resilience in a shifting industrial landscape. Despite a 1.5 percent marginal dip in sales to INR 2,708 million, the company successfully boosted its Profit Before Tax by 12.8 percent compared to the same period last year. Managing Director Vijaykrishnan Venkatesan attributes this growth to a dedicated focus on operational efficiency and a profitable product mix. By leveraging a ‘full solutions’ approach, Kennametal continues to navigate softening market conditions in the hard metals and machine tools sectors while positioning itself for long-term growth in high-potential territories. It is a masterclass in optimizing internal processes to protect the bottom line during volatile economic cycles. #Kennametal #ManufacturingExcellence #Q2Results","Kennametal India reports a 12.8% surge in Q2 FY24 Profit Before Tax! Despite a slight dip in sales due to market headwinds, the firm’s focus on operational efficiency is paying off. #Kennametal #IndustrialManufacturing","Big news from the manufacturing sector! ⚙️ Kennametal India just released their Q2 FY24 results, and while market conditions are cooling, their profits are heating up. With a 12.8% jump in Profit Before Tax, the company is proving that operational efficiency and a smart, 'full solutions' product strategy are key to staying ahead. 📈 It’s a great reminder that even when top-line sales face pressure, focusing on internal performance can drive strong results for the bottom line. Stay tuned as they continue to target new territories and high-growth segments this year! 🛠️✨ #Kennametal #Manufacturing #IndustrialNews #BusinessGrowth #Q2Earnings #EngineeringLife #MarketTrends",{"title":6,"description":8,"keywords":21},"kennametal india, q2 fy24 results, industrial manufacturing, tooling solutions, profit before tax, market performance, operational efficiency, b2b industry news, hard metals, machine tools",{"title":23,"slug":24,"imageUrl":25},"Maharashtra MSME Defence Expo 2024 Showcases India’s Defence Sector Potential","maharashtra-msme-defence-expo-2024-showcases-indias-defence-sector-potential","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FFebruary2024\u002FBbyH0a8o3cauc6mdVEsw.jpg",{"title":27,"slug":28,"imageUrl":29},"Swiss Steel Group Enhances Spring Wire 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Decarbonization Agenda","cii-greenpro-summit-2026-drives-indias-industrial-decarbonization-agenda","CII GreenPro Summit 2026 accelerates India's industrial decarbonization with focus on green products and sustainable value chains.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Fcii-greenpro-summit-2026-drives-indias-industrial-decarbonization-agenda-dlMTv5.png","2026-07-31T03:24:02+05:30",{"title":75,"slug":76,"excerpt":77,"imageUrl":78,"publishedAt":79,"author":13,"category":14},"BASF Launches Melyra and Inveris Gold Crop Protection Solutions in India","basf-launches-melyra-and-inveris-gold-crop-protection-solutions-in-india","BASF expands its Indian agricultural portfolio with the launch of Melyra and Inveris Gold, delivering advanced crop protection and enhanced productivity.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Fbasf-launches-melyra-and-inveris-gold-crop-protection-solutions-in-india-gdMNFU.jpg","2026-07-31T02:38:13+05:30",{"title":81,"slug":82,"excerpt":83,"imageUrl":84,"publishedAt":85,"author":13,"category":14},"L&T Technology Services Launches Ainfonix™ 4.0 to Accelerate AI Adoption","lt-technology-services-launches-ainfonix-40-to-accelerate-ai-adoption","L&T Technology Services unveils Ainfonix™ 4.0 at EI Live, a cutting-edge platform designed to accelerate industrial AI adoption and data utility.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Flt-technology-services-launches-ainfonix-40-to-accelerate-ai-adoption-n5XI9j.webp","2026-07-31T02:17:58+05:30",{"title":87,"slug":88,"excerpt":89,"imageUrl":90,"publishedAt":91,"author":13,"category":14},"Tembo Global Industries Opens New Vasai Facility, Boosts Capacity to 1,00,000 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Discover how their new 100,000 MTPA Vasai facility drives engineering innovation and infrastructure growth.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Ftembo-global-industries-opens-new-vasai-facility-boosts-capacity-to-100000-mtpa-0tSB5k.png","2026-07-31T02:07:26+05:30",{"title":93,"slug":94,"excerpt":95,"imageUrl":96,"publishedAt":97,"author":13,"category":14},"N.A.N. MagneTech to Invest INR 1,250 Cr in NdFeB Magnet Plant","nan-magnetech-to-invest-inr-1250-cr-in-ndfeb-magnet-plant","N.A.N. 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