{"id":141315,"date":"2023-02-13T10:35:43","date_gmt":"2023-02-13T15:35:43","guid":{"rendered":"https:\/\/44.250.171.167\/?p=141315"},"modified":"2023-02-13T10:35:45","modified_gmt":"2023-02-13T15:35:45","slug":"balkrishna-industries-ltd-nse-balkrisind-q3-fy23-results-out-total-income-rises-2-yoy","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/balkrishna-industries-ltd-nse-balkrisind-q3-fy23-results-out-total-income-rises-2-yoy\/","title":{"rendered":"Balkrishna Industries Ltd.(NSE: BALKRISIND): Q3 FY23 Results Out; Total Income rises 2% YoY"},"content":{"rendered":"\n<p><a href=\"https:\/\/44.250.171.167\/symbol\/balkrisind\/\">Balkrishna Industries Limited (NSE:BALKRISIND)<\/a> is an Indian multinational company that specializes in the manufacture of off-highway tires and rubber products. The company is headquartered in Mumbai, India and has operations in multiple countries across the world. The company has a strong presence in the Indian market and is known for its high-quality tire products used in various industrial and agricultural applications.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"804\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/d25ea8b3-b6bd-41e7-addf-f13f66f9126b-804x1024.png\" alt=\"\" class=\"wp-image-141316\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/d25ea8b3-b6bd-41e7-addf-f13f66f9126b-804x1024.png 804w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/d25ea8b3-b6bd-41e7-addf-f13f66f9126b-235x300.png 235w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/d25ea8b3-b6bd-41e7-addf-f13f66f9126b-768x978.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/d25ea8b3-b6bd-41e7-addf-f13f66f9126b-1206x1536.png 1206w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/d25ea8b3-b6bd-41e7-addf-f13f66f9126b-1608x2048.png 1608w\" sizes=\"auto, (max-width: 804px) 100vw, 804px\" \/><\/figure>\n\n\n\n<p>The company declared its Q3 earnings along with a 3rd Interim dividend of Rs. 4.00 per Equity Share (200%) for the financial year 2022-23. In Q3FY23, the company recorded a net profit of \u20b9108.38 crore compared to \u20b9338.95 crore in Q3FY22, representing a decline of 68%. The revenue from operations for the quarter ended December 2022 was \u20b92165.57 crore, an increase of 5.85% compared to the corresponding quarter of the previous year. The net expenses for Q3FY23 were \u20b92059.06 crore compared to \u20b91708.78 crore in the same quarter last year. The EPS for the quarter was \u20b95.61 as compared to \u20b917.53 in the same quarter of the previous year.<\/p>\n\n\n\n<p>The company&#8217;s total income for the period ended December 31, 2022 was \u20b92210.54 crore compared to \u20b92158.85 crore for the same period in the previous year. The net profit for the period was \u20b9108.38 crore compared to \u20b9338.95 crore for the same period in the previous year. The EPS for the period was \u20b95.61 compared to \u20b917.53 for the same period in the previous year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Balkrishna Industries Limited (NSE:BALKRISIND) is an Indian multinational company that specializes in the manufacture of off-highway tires and rubber products. The company is headquartered in Mumbai, India and has operations in multiple countries across the world. The company has a strong presence in the Indian market and is known for its high-quality tire products used [&hellip;]<\/p>\n","protected":false},"author":1932,"featured_media":141316,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392,5753],"tags":[9752],"class_list":["post-141315","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","category-industrials","tag-rubber"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/d25ea8b3-b6bd-41e7-addf-f13f66f9126b.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":148003,"url":"https:\/\/alphastreet.com\/india\/earnings-balkrishna-industries-limited-nse-balkrisind-q4fy23-results-out-total-income-fell-2-yoy\/","url_meta":{"origin":141315,"position":0},"title":"Earnings | Balkrishna Industries Limited (NSE: BALKRISIND) | Q4FY23 Results Out; Total Income fell 2% YoY.","author":"Divyansh_Kasana","date":"June 1, 2023","format":false,"excerpt":"Balkrishna Industries Limited entered the Off-Highway Tyre business in 1987 and has since established itself as a prominent player in the industry. Over the course of three decades, BKT has achieved success by concentrating on specialized segments including agriculture, construction, industrial, earthmoving, port and mining, ATV, and gardening applications. The\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/06\/4b0b185d-fd09-4e7e-947d-ef141089055f-2.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/06\/4b0b185d-fd09-4e7e-947d-ef141089055f-2.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/06\/4b0b185d-fd09-4e7e-947d-ef141089055f-2.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/06\/4b0b185d-fd09-4e7e-947d-ef141089055f-2.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/06\/4b0b185d-fd09-4e7e-947d-ef141089055f-2.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/06\/4b0b185d-fd09-4e7e-947d-ef141089055f-2.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":170787,"url":"https:\/\/alphastreet.com\/india\/balkrishna-industries-q1-fy26-earnings-results\/","url_meta":{"origin":141315,"position":1},"title":"Balkrishna Industries Q1 FY26 Earnings Results","author":"Divyansh_Kasana","date":"August 29, 2025","format":false,"excerpt":"Balkrishna Industries Ltd (BKT), established in 1987, specializes in off-highway tyres catering to agricultural, construction, industrial, earthmoving, port, mining, ATV, and gardening applications. Presenting below its Q1 FY26 Earnings Results. Q1 FY26 Earnings Results Revenue: \u20b92,760 crore, up 1.69% year-on-year (YoY) from \u20b92,714 crore in Q1 FY25. Total Expenses: \u20b92,473\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"BALKRISIND Q1 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/BALKRIS.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/BALKRIS.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/BALKRIS.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/BALKRIS.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/BALKRIS.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/BALKRIS.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":141550,"url":"https:\/\/alphastreet.com\/india\/balkrishna-industries-ltd-q3-fy23-earnings-conference-call-insights\/","url_meta":{"origin":141315,"position":2},"title":"Balkrishna Industries Ltd Q3 FY23 Earnings Conference Call Insights","author":"Praveen","date":"February 14, 2023","format":false,"excerpt":"Key highlights from Balkrishna Industries Ltd (BALKRISIND) Q3 FY23 Earnings Concall Q&A Highlights: [00:11:53] Binay Singh from Morgan Stanley asked about current inventory levels and its outlook. Rajiv Poddar Joint MD said that for RM the company would ideally like to be around 45 days and currently BALKRISIND is between\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":129586,"url":"https:\/\/alphastreet.com\/india\/balkrishna-industries-ltd-q4-fy22-earnings-conference-call-insights\/","url_meta":{"origin":141315,"position":3},"title":"Balkrishna Industries Ltd Q4 FY22 Earnings Conference Call Insights","author":"Praveen","date":"May 17, 2022","format":false,"excerpt":"https:\/\/youtu.be\/5ZH1ze-EJCE Key highlights from Balkrishna Industries Ltd (BALKRISIND) Q4 FY22 Earnings Concall Q&A Highlights: Ashutosh Tiwari from Equirus asked about the realized hedge rate for 4Q22. Rajiv Poddar Joint MD said the realized hedge rate was 86.5. Ashutosh Tiwari of Equirus asked if Waluj machinery is still usable or if\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":128024,"url":"https:\/\/alphastreet.com\/india\/balkrishna-industries-ltd-q3-fy22-earnings-conference-call-insights\/","url_meta":{"origin":141315,"position":4},"title":"Balkrishna Industries Ltd Q3 FY22 Earnings Conference Call Insights","author":"Praveen","date":"February 25, 2022","format":false,"excerpt":"https:\/\/www.youtube.com\/watch?v=wpMDR26eEO0 Key highlights from Balkrishna Industries Ltd (BALKRISIND) Q3 FY22 Earnings Concall Q&A Highlights: Ashutosh Tiwari from Equirus asked how much price increase the company has taken since January 2022. Rajiv Poddar, Joint MD said the company has not taken anything in the Q321. In current quarter also the company\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":148064,"url":"https:\/\/alphastreet.com\/india\/balkrishna-industries-ltd-q4-fy23-earnings-conference-call-insights\/","url_meta":{"origin":141315,"position":5},"title":"Balkrishna Industries Ltd Q4 FY23 Earnings Conference Call Insights","author":"Praveen","date":"June 2, 2023","format":false,"excerpt":"Key highlights from Balkrishna Industries Ltd (BALKRISIND) Q4 FY23 Earnings Concall Management Update: [00:04:45] BALKRISIND said the advanced Carbon Black project of 30,000 metric tons per annum is delayed and expected to be completed in 2H24. [00:06:30] BALKRISIND crossed the historical mark of INR10,000 crores sales for the first time\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/141315","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1932"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=141315"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/141315\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/141316"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=141315"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=141315"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=141315"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}