Balkrishna Industries Q4 Results & Outlook

  Published 1 year ago

Balkrishna Industries saw a Q4 net profit drop of 24.7% despite a 2.75% rise in net sales. The company plans to enter the PCR & CVR tyre segments, prompting a rating downgrade from a foreign brokerage.

  • Q4 Net Profit fell 24.7% YoY to Rs 362.09 crore.
  • Plans to enter PCR/CVR tyre markets in FY26/FY27.
  • Brokerage downgraded rating to 'Neutral' to Rs 2,644.

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