Kennametal India, an industrial toolmaker based in Bengaluru, reported a significant 39% rise in revenue to ₹403 crore for the quarter ending March 2026, compared to ₹290 crore in the same quarter last year. The company's net profit surged to ₹51 crore, more than double the ₹24 crore reported a year ago. This growth was largely driven by robust demand for hard metal products, with segment revenues increasing from ₹334 crore to ₹403 crore. However, total expenses also rose to ₹338 crore from ₹261 crore, primarily due to an increase in raw material costs, which climbed to ₹128 crore from ₹78 crore. Vijaykrishnan Venkatesan, Managing Director of Kennametal India, emphasized the company's ability to leverage its diversified product portfolio and capitalize on favorable macroeconomic conditions to drive volume expansion. The company also announced an interim dividend of ₹40 per share for FY26. As of Thursday, the stock closed at ₹2,831 on the Bombay Stock Exchange (BSE).