Balkrishna Industries has reported results for first quarter ended June 30, 2017.
The company has reported a marginal rise of 2.74% in its net profit at Rs 153.14 crore for the quarter under review as compared to Rs 149.06 crore for the same quarter in the previous year. Total income of the company increased by 14.79% at Rs 1105.04 crore for Q1FY18 as compared Rs 962.70 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.