Balkrishna Industries Limited Reports Earnings Results for the Fourth Quarter Ended March 31, 2020
June 20, 2020 at 07:12 am EDT
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Balkrishna Industries Limited announced earnings results for the fourth quarter ended March 31, 2020. For the fourth quarter, the company announced total revenue was INR 14,377.600 million compared to INR 13,967.000 million a year ago. Net income was INR 2,647.000 million compared to INR 1,859.400 million a year ago. Basic earnings per share was INR 13.69 compared to INR 9.62 a year ago. For the full year, total revenue was INR 50,620.200 million compared to INR 54,281.600 million a year ago. Net income was INR 9,596.500 million compared to INR 7,736.500 million a year ago. Basic earnings per share was INR 49.64 compared to INR 40.02 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 
