Balkrishna Industries has reported results for third quarter ended December 31, 2016.
The company has reported 94.18% rise in its net profit at Rs 185.69 crore for the quarter under review as compared to Rs 95.63 crore for the same quarter in the previous year. Total income of the company increased by 23.73% at Rs 959.98 crore for the quarter under review as compared Rs 775.84 crore for the corresponding quarter previous year.
Balkrishna Industries is a leading manufacturer in the Off-Highway tire market. Since its founding in 1987, BKT has successfully focused on specialist segments such as agricultural, construction and industrial vehicles as well as earthmoving, port and mining, ATV, and gardening applications.
