Balkrishna Industries has reported results for first quarter ended June 30, 2022.
The company has reported a marginal fall of 3.46% in its net profit at Rs 319.74 crore for the quarter under review as compared to Rs 331.20 crore for the same quarter in the previous year. However, total income of the company increased by 45.33% at Rs 2,748.60 crore for Q1FY23 as compared Rs 1,891.28 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a fall of 7.14% in its net profit at Rs 306.96 crore for the quarter under review as compared to Rs 330.56 crore for the same quarter in the previous year. However, total income of the company increased by 44.56% at Rs 2,725.15 crore for Q1FY23 as compared Rs 1,885.08 crore for the corresponding quarter previous year.
