Kennametal India Limited reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported sales was INR 2,708 million compared to INR 2,748 million a year ago. Revenue was INR 2,730 million compared to INR 2,760 million a year ago. Net income was INR 249 million compared to INR 219 million a year ago. Basic earnings per share from continuing operations was INR 11.33 compared to INR 9.96 a year ago. Diluted earnings per share from continuing operations was INR 11.33 compared to INR 9.96 a year ago.
For the six months, sales was INR 5,287 million compared to INR 5,421 million a year ago. Revenue was INR 5,326 million compared to INR 5,445 million a year ago. Net income was INR 420 million compared to INR 534 million a year ago. Basic earnings per share from continuing operations was INR 19.11 compared to INR 24.28 a year ago. Diluted earnings per share from continuing operations was INR 19.11 compared to INR 24.28 a year ago.