Balkrishna Industries Limited Reports Earnings Results for the Full Year Ended March 31, 2022
May 13, 2022 at 08:36 am EDT
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Balkrishna Industries Limited reported earnings results for the full year ended March 31, 2022. For the full year, the company reported sales was INR 82,951.2 million compared to INR 57,831.9 million a year ago. Revenue was INR 87,330.4 million compared to INR 59,553.5 million a year ago. Net income was INR 14,353.8 million compared to INR 11,775.3 million a year ago. Basic earnings per share from continuing operations was INR 74.25 compared to INR 60.91 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.