Balkrishna Industries' Q2 FY 2025-26 Quarterly Results
- 01 Nov 2025
Result Summary
- Balkrishna Industries Ltd reported a 14.0% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 1.8%.
- Its expenses for the quarter were down by 14.8% QoQ and up 2.9% YoY.
- The net profit decreased 5.2% QoQ and decreased 21.3% YoY.
- The earnings per share (EPS) of Balkrishna Industries Ltd stood at 14.13 during Q2 FY 2025-26.
Financial Statments for Q2 FY 2025-26
Total Income | 2464.65 | 2867.16 | 2510.24 | -14.0% | -1.8% |
Total Expenses | 2107.35 | 2472.78 | 2047.60 | -14.8% | 2.9% |
Profit Before Tax | 357.30 | 394.38 | 462.64 | -9.4% | -22.8% |
Tax | 84.11 | 106.08 | 115.70 | -20.7% | -27.3% |
Profit After Tax | 273.19 | 288.30 | 346.94 | -5.2% | -21.3% |
Earnings Per Share | 14.13 | 14.91 | 17.95 | -5.2% | -21.3% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Balkrishna Industries Ltd is a prominent player in the tire manufacturing industry, primarily focusing on the production of off-highway tires. These include specialty tires used in agricultural, industrial, and construction vehicles. Known for its strong presence in international markets, Balkrishna Industries has been a significant exporter of its products. While specific recent developments are not provided in the data, the company has historically invested in expanding its production capacity and enhancing its product offerings to meet growing demand. Balkrishna Industries operates in a competitive industry where innovation, cost management, and market expansion are crucial for maintaining its market position.
Revenue
For the quarter ending Q2FY26, Balkrishna Industries reported a total income of ₹2464.65 crores. This represents a decline of 14.0% quarter-over-quarter from ₹2867.16 crores in Q1FY26. When compared to the same quarter of the previous year (Q2FY25), where the total income was ₹2510.24 crores, there is a slight year-over-year decrease of 1.8%. The decrease in revenue both QoQ and YoY could be attributed to various factors affecting the company's sales or pricing during this period, although specific reasons are not detailed in the data.
Profitability
The profit before tax for Balkrishna Industries in Q2FY26 was ₹357.30 crores, which reflects a decrease of 9.4% from Q1FY26's ₹394.38 crores. Year-over-year, there is a more significant decline of 22.8% from ₹462.64 crores in Q2FY25. The tax expense for the quarter was ₹84.11 crores, down 20.7% QoQ and 27.3% YoY. Consequently, the profit after tax for Q2FY26 stood at ₹273.19 crores, marking a 5.2% reduction from the previous quarter and a 21.3% decrease from the previous year. The earnings per share mirrored this trend, showing a decrease to ₹14.13 from ₹14.91 in Q1FY26 and ₹17.95 in Q2FY25, corresponding to the same percentage declines as the profit after tax.
Operating Metrics
The total expenses for Balkrishna Industries in Q2FY26 amounted to ₹2107.35 crores, which marks a 14.8% decrease compared to ₹2472.78 crores in Q1FY26. However, there is a 2.9% increase in total expenses when compared to Q2FY25, where the expenses were ₹2047.60 crores. This indicates a reduction in costs from the previous quarter, but an increase from the same quarter last year. The decrease in expenses QoQ could be due to operational efficiencies or cost-cutting measures undertaken by the company, though the specific reasons are not provided in the data.