Widia (India) Ltd, after the recent takeover of Widia businesses worldwide by Kennametal, registered a 40 per cent growth during January-March this year, when compared to the corresponding period last year.
Announcing the revival of this well-known old economy company, its newly appointed managing director Kumar Kanetkar said that since Kennametal, follows a 12-month period from July-June, Widia (India) Ltd has decided to extend their current financial year into an 18-month period beginning January 2002 to June 2003. It will follow a July-June fiscal from there on.
However, the option to retain the name
