Balkrishna Industries Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2021
November 11, 2021 at 06:44 am EST
Share
Balkrishna Industries Limited reported earnings results for the second quarter and six months ended September 30, 2021. For the second quarter, the company reported sales was INR 20,722.3 million compared to INR 15,779 million a year ago. Revenue was INR 22,055.3 million compared to INR 15,980.7 million a year ago. Net income was INR 3,910.3 million compared to INR 3,409.4 million a year ago. Basic earnings per share from continuing operations was INR 20.23 compared to INR 17.64 a year ago.
For the six months, sales was INR 38,751 million compared to INR 25,205.1 million a year ago. Revenue was INR 40,906.1 million compared to INR 25,767.7 million a year ago. Net income was INR 7,215.9 million compared to INR 4,725 million a year ago. Basic earnings per share from continuing operations was INR 37.33 compared to INR 24.44 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 
