Balkrishna Industries Limited Reports Earnings Results for the Second Quarter Ended September 30, 2020
November 06, 2020 at 08:23 am EST
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Balkrishna Industries Limited announced earnings results for the second quarter ended September 30, 2020. For the second quarter, the company announced total revenue was INR 15,980.700 million compared to INR 11,650.200 million a year ago. Net income was INR 3,409.400 million compared to INR 2,943.100 million a year ago. Basic earnings per share was INR 17.64 compared to INR 15.22 a year ago. For the half year, total revenue was INR 25,767.700 million compared to INR 24,378.500 million a year ago. Net income was INR 4,725.000 million compared to INR 4,711.500 million a year ago. Basic earnings per share was INR 24.44 compared to INR 24.37 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 
