Kennametal India Limited reported earnings results for the third quarter and nine months ended March 31, 2023. For the third quarter, the company reported sales was INR 2,557 million compared to INR 2,457 million a year ago. Revenue was INR 2,571 million compared to INR 2,478 million a year ago. Net income was INR 156 million compared to INR 269 million a year ago. Basic earnings per share from continuing operations was INR 7.1 compared to INR 12.24 a year ago. Diluted earnings per share from continuing operations was INR 7.1 compared to INR 12.24 a year ago.
For the nine months, sales was INR 7,978 million compared to INR 7,221 million a year ago. Revenue was INR 8,016 million compared to INR 7,296 million a year ago. Net income was INR 690 million compared to INR 858 million a year ago. Basic earnings per share from continuing operations was INR 31.39 compared to INR 39.04 a year ago. Diluted earnings per share from continuing operations was INR 31.39 compared to INR 39.04 a year ago.