Kennametal India Appoints G. Devanathan as Director

Kennametal India Limited , a prominent player in the manufacturing sector, has announced a significant addition to its leadership team. The company has appointed Mr. G. Devanathan as Director - Manufacturing & Factory Manager, effective October 16, 2025. This strategic move, approved by the Board of Directors based on the Nomination and Remuneration Committee's recommendation, aims to strengthen Kennametal India's manufacturing capabilities.

New Leadership Profile

Mr. Devanathan brings a wealth of experience to his new role at Kennametal India. Here's a snapshot of his qualifications and experience:

Aspect	Details
Education	- Mechanical Engineer from Thiagarajar College of Engineering - Postgraduate (MS) degree in Manufacturing Management from BITS, Pilani
Experience	Over 29 years in process engineering, production, and plant operations
Previous Roles	Worked with organizations including: - TVS Interconnect Systems Limited - Gabriel India Limited - Tenneco Automotive India Private Limited
Key Achievements	- Oversaw 5 plants and 3,000 employees - Drove revenue of approximately ₹2,050.00 crores - Consistently achieved 8-10% operational expense reduction year-over-year

Expertise and Contributions

Mr. Devanathan is recognized as an accomplished Operations Executive in the auto components industry. His expertise includes:

Collaborating with customers and global teams
Engineering a safety culture in plants
Improving work environments with expertise in European machine safety standards
Serving as a global process leader for Core Competence Team (CCT)
Leading customer audits and working closely with clients to validate processes and products
Setting up efficient and scalable systems to support business growth

Appointment Details

The appointment of Mr. G. Devanathan as Director - Manufacturing & Factory Manager is categorized under Senior Managerial Personnel. This strategic move by Kennametal India Limited is expected to bolster its manufacturing operations and drive operational excellence.

Kennametal India Limited's decision to bring Mr. Devanathan on board reflects the company's commitment to strengthening its leadership team with experienced professionals. As the manufacturing sector continues to evolve, such appointments are crucial for companies aiming to maintain a competitive edge in the market.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.30%	-0.56%	-1.79%	-6.95%	-33.96%	+192.32%

Kennametal India Limited , a leading manufacturer of metalworking tools and materials, has reported mixed financial results for the quarter ended December 31, 2022. The company saw a significant increase in sales but experienced a decline in profitability.

Revenue Growth

Kennametal India achieved sales of ₹2,748.00 million for the quarter, representing a robust 15% increase compared to the same period in the previous fiscal year. This growth was primarily attributed to the recovery in the automotive and core infrastructure sectors, which are key markets for the company's products.

Profit Decline

Despite the impressive revenue growth, the company's Profit Before Tax (PBT) saw a substantial decline. PBT fell by 27% to ₹296.00 million for the quarter compared to the same period in the previous year.

Segment Performance

The company's performance varied across its business segments:

Hard Metals Segment: This division delivered strong performance, contributing to the overall revenue growth.
Machine Tools Segment: This segment faced challenges, particularly in its export business. The company noted a decline in export revenue, with China being specifically mentioned as an area of decreased sales.

Innovation and Expansion

Kennametal India's Managing Director, Vijaykrishnan Venkatesan, emphasized the company's ongoing commitment to innovation and customer-centric solutions. He highlighted a significant milestone for the company:

The celebration of a new Metal Cutting inserts manufacturing facility at their Bengaluru campus, which is expected to enhance the company's production capabilities.

Outlook

While Kennametal India faces challenges in certain segments and markets, the overall revenue growth suggests a positive trend in demand for the company's products. The focus on innovation and the expansion of manufacturing capabilities indicate the company's proactive approach to addressing market needs and maintaining competitiveness in the metalworking industry.

Investors and stakeholders will likely be watching closely to see how Kennametal India addresses the profitability challenges while capitalizing on the growing revenue streams in the coming quarters.