Kennametal India Ltd Share Price – NSE  /  BSE

Castings, Forgings & Fastners, Small Cap

Kennametal India will hold a meeting of the Board of Directors of the Company on 9 August 2024.

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WIDMA® Machining Solutions Group of Kennametal India announced the launch of MacHX800—a standard horizontal machining center (HMC) designed for large part machining across industries including commercial vehicles, construction and farm equipment, aerospace and general engineering. Designed with advanced next-gen features including Industry 4.0 compatibility, this new WIDMA machine delivers the rigidity, productivity, accuracy and versatility to machine a variety of materials in the toughest conditions.

The MacHX800 is designed specifically to machine complex large components and deliver productivity in the most demanding conditions, including:

- Incredible accuracy and precision to optimize productivity and manage costs per component

- User-friendly features to help operators load/unload and machine massive components with ease, upholding benchmarked standards of ergonomics and safety

- Integrates with Industry 4.0 environments

WIDMA's MacHX800 combines the advantages of plug and play features with the flexibility of customizing several offerings like choice of spindles, pallets and tool magazines enabling customers to achieve machining goals.

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Kennametal India announced that the Board of Directors of the Company at its meeting held on 9 May 2024, inter alia, have recommended the interim dividend of Rs 30 per equity Share (i.e. 300%) , subject to the approval of the shareholders.

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Net profit of Kennametal India rose 145.51% to Rs 38.30 crore in the quarter ended March 2024 as against Rs 15.60 crore during the previous quarter ended March 2023. Sales rose 5.12% to Rs 268.80 crore in the quarter ended March 2024 as against Rs 255.70 crore during the previous quarter ended March 2023.

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