Balkrishna Industries Ltd. Announces Audited Standalone and Consolidated Earnings Results for the Year Ended March 31, 2017
September 13, 2017 at 03:21 am EDT
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Balkrishna Industries Ltd. announced audited standalone and consolidated earnings results for the year ended March 31, 2017. For the year, on standalone basis, the company’s net cash from operating activities was INR 8,436.6 million against INR 10,951.8 million a year ago. Purchase of fixed assets & capital work in progress was INR 1,848.8 million against INR 2,422.9 million a year ago. Purchase of investments was INR 25,200.8 million against INR 36,508.6 million a year ago.
For the year, on consolidated basis, the company’s net cash from Operating Activities was INR 8,468.5 million against INR 10,719.5 million a year ago. Purchase of fixed assets & capital work in progress was INR 1,849.0 million against INR 2,423.5 million a year ago. Purchase of investments was INR 25,423.3 million against INR 36,214.6 million 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 
