{"id":142626,"date":"2023-02-23T06:52:54","date_gmt":"2023-02-23T11:52:54","guid":{"rendered":"https:\/\/44.250.171.167\/?p=142626"},"modified":"2023-02-23T06:58:45","modified_gmt":"2023-02-23T11:58:45","slug":"earnings-balkrishna-industries-ltd-nsebalkrisind-q3fy23-results-out-total-income-rise-2-yoy","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/earnings-balkrishna-industries-ltd-nsebalkrisind-q3fy23-results-out-total-income-rise-2-yoy\/","title":{"rendered":"Earnings | Balkrishna Industries Ltd (NSE:BALKRISIND): Q3FY23 Results Out; Total Income rise 2% YoY"},"content":{"rendered":"\n<p><a href=\"https:\/\/44.250.171.167\/symbol\/balkrisind\/\">Balkrishna Industries Ltd (NSE:BALKRISIND)<\/a> is an Indian manufacturer of off-highway tires. The company produces a range of tires for agricultural, industrial, construction, and earthmoving vehicles. Balkrishna Industries Ltd(BKT) exports its products to more than 130 countries worldwide. The company has been expanding its product portfolio and investing in research and development to meet the increasing demand for off-highway tires globally. BKT has manufacturing facilities in India and Bhuj, and a research and development center in Italy.<\/p>\n\n\n\n<p>Balkrishna Industries Ltd, a leading tyre manufacturer, has reported a decline of 68% YoY in its consolidated net profit for the December quarter of FY23, which stood at Rs 108.38 crore compared to Rs 339 crore in the same period last year. The revenue from operations in Q3FY23 increased by 5.85% to Rs 2165.57 crore as compared to Rs 2045.81 crore in Q3FY22. However, the EBITDA declined by 44.84% to Rs 314.26 crore from Rs 569.69 crore in the year-ago period. The company recorded net expenses of Rs 2059.06 crore in Q3FY23 compared to Rs 1708.78 crore in the same period last year. The EPS for the quarter reached Rs 5.61, a decline from Rs 17.53 in Q3FY22.<\/p>\n\n\n\n<p>Balkrishna Industries Ltd has experienced a decline in its net profit and EBITDA for the December quarter of FY23 compared to the same period last year. The company has also reported a decrease in its total income, net profit, and EPS for the period ended December 31, 2022, compared to the same period last year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Balkrishna Industries Ltd (NSE:BALKRISIND) is an Indian manufacturer of off-highway tires. The company produces a range of tires for agricultural, industrial, construction, and earthmoving vehicles. Balkrishna Industries Ltd(BKT) exports its products to more than 130 countries worldwide. The company has been expanding its product portfolio and investing in research and development to meet the increasing [&hellip;]<\/p>\n","protected":false},"author":1932,"featured_media":0,"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":[392,5753],"tags":[9506],"class_list":["post-142626","post","type-post","status-publish","format-standard","hentry","category-earnings","category-industrials","tag-auto-parts"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","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":142626,"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":141315,"url":"https:\/\/alphastreet.com\/india\/balkrishna-industries-ltd-nse-balkrisind-q3-fy23-results-out-total-income-rises-2-yoy\/","url_meta":{"origin":142626,"position":1},"title":"Balkrishna Industries Ltd.(NSE: BALKRISIND): Q3 FY23 Results Out; Total Income rises 2% YoY","author":"Divyansh_Kasana","date":"February 13, 2023","format":false,"excerpt":"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\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/d25ea8b3-b6bd-41e7-addf-f13f66f9126b.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/d25ea8b3-b6bd-41e7-addf-f13f66f9126b.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/d25ea8b3-b6bd-41e7-addf-f13f66f9126b.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/d25ea8b3-b6bd-41e7-addf-f13f66f9126b.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/d25ea8b3-b6bd-41e7-addf-f13f66f9126b.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/d25ea8b3-b6bd-41e7-addf-f13f66f9126b.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":170787,"url":"https:\/\/alphastreet.com\/india\/balkrishna-industries-q1-fy26-earnings-results\/","url_meta":{"origin":142626,"position":2},"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":148805,"url":"https:\/\/alphastreet.com\/india\/balkrishna-industries-pioneering-tire-industry\/","url_meta":{"origin":142626,"position":3},"title":"Balkrishna Industries: Pioneering Tire Industry.","author":"Divyansh_Kasana","date":"June 23, 2023","format":false,"excerpt":"Stock Data: TickerNSE: BALKRISINDExchangeNSEIndustryTYRE Price Performance: Last 5 Days+1.19%YTD+12.69%Last 12 Months+12.47%As on 23-06-2023 Company Description: Balkrishna Industries Ltd is one of the leading manufacturers of over-the-highway (OTR) tires. The company specializes in producing tires for various applications, including agricultural, construction, and industrial vehicles, as well as earthmoving, port, mining, ATV,\u2026","rel":"","context":"In &quot;Research Summary&quot;","block_context":{"text":"Research Summary","link":"https:\/\/alphastreet.com\/india\/category\/research-summary\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/06\/f6ceac66-f2a3-45a2-ae80-d4455cad9356-11.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/06\/f6ceac66-f2a3-45a2-ae80-d4455cad9356-11.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/06\/f6ceac66-f2a3-45a2-ae80-d4455cad9356-11.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/06\/f6ceac66-f2a3-45a2-ae80-d4455cad9356-11.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/06\/f6ceac66-f2a3-45a2-ae80-d4455cad9356-11.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/06\/f6ceac66-f2a3-45a2-ae80-d4455cad9356-11.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":169399,"url":"https:\/\/alphastreet.com\/india\/balkrishna-industries-ltd-q1fy26-41-fall-in-profits\/","url_meta":{"origin":142626,"position":4},"title":"Balkrishna Industries Ltd Q1 FY26 Earnings Results \u2013 Revenue Up 1.7%, Net Profit Declines 41% YoY","author":"Divyansh_Kasana","date":"July 28, 2025","format":false,"excerpt":"Balkrishna Industries Limited (BKT) has been a pioneering player in the Off-Highway tyre segment since 1987. With over three decades of expertise, BKT specializes in manufacturing tyres for agricultural, construction, industrial, earthmoving, port and mining, ATV, and gardening applications. The company is globally recognized for its focus on niche segments\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/O-12.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/O-12.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/O-12.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/O-12.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/O-12.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/O-12.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":165907,"url":"https:\/\/alphastreet.com\/india\/balkrishna-industries-ltd-q2fy25-7-rise-in-revenue\/","url_meta":{"origin":142626,"position":5},"title":"Balkrishna Industries Ltd Q2FY25; 7% rise in Revenue","author":"Divyansh_Kasana","date":"December 4, 2024","format":false,"excerpt":"Balkrishna Industries Limited (BKT) started its Off-Highway tyre business in 1987. For over 30 years, BKT has successfully focused on specialist segments such as agricultural, construction and industrial as well as earthmoving, port and mining, ATV, and gardening applications. Financial Results: Balkrishna Industries Ltd reported Revenues for Q2FY25 of \u20b92,420.00\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/12\/KL.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/12\/KL.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/12\/KL.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/12\/KL.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/12\/KL.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/12\/KL.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/142626","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=142626"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/142626\/revisions"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=142626"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=142626"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=142626"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}