Balkrishna Industries Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2022
November 14, 2022 at 07:36 am
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Balkrishna Industries Limited reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported sales was INR 26,575.2 million compared to INR 20,722.3 million a year ago. Revenue was INR 28,841.7 million compared to INR 22,055.3 million a year ago. Net income was INR 3,822.6 million compared to INR 3,910.3 million a year ago. Basic earnings per share from continuing operations was INR 19.77 compared to INR 20.23 a year ago.
For the six months, sales was INR 52,769.5 million compared to INR 38,751 million a year ago. Revenue was INR 56,093.2 million compared to INR 40,906.1 million a year ago. Net income was INR 6,892.2 million compared to INR 7,215.9 million a year ago. Basic earnings per share from continuing operations was INR 36.65 compared to INR 37.33 a year ago.
Balkrishna Industries Limited is an India-based company that is engaged in the business of manufacturing and selling of off-highway tires (OHT) in the specialist segments, such as agricultural, industrial and construction, earthmovers and port, mining, forestry, lawn and garden and all-terrain vehicles (ATV). The Companyâs agricultural applications include tractor, harvester, implements, telehandler, agro truck, go-kart, golf kart, mower, fertilizer truck, compact loader, backhoe loader, mobile home, and universal vehicle. Its industrial applications include compactor, container handler, reach stacker, excavator, forklift, skid steer, grader, straddle carrier, RTG crane, mobile crane, terminal tractor, tow tractor, light truck, road rail equipment, trailer, and military truck. Its off the road applications include articulated dump truck, rigid dump truck, load haul dump, low profile dump truck, underground mining vehicle, and scraper.
BALKRISHNA INDUSTRIES LIMITED 
