Kennametal India Q3 FY24 results (Oct–Dec 2023) and concall

Kennametal India reported sequential PBT improvement driven by operational efficiencies and increased utilization. While the domestic market, particularly CNC machines, showed robust growth, export performance was soft due to global headwinds. The company is actively expanding its domestic market presence with new product launches like VTL and increased customer outreach, and has reduced its royalty payment to the parent.