Balkrishna Industries Q3: Revenue Up 7%, Profit Down 15%; Dividend Declared
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CNBC Awaaz•28-01-2026, 18:52
Balkrishna Industries Q3: Revenue Up 7%, Profit Down 15%; Dividend Declared
- •Balkrishna Industries reported a 6.9% year-on-year revenue increase to ₹2,736.8 crore in Q3.
- •Net profit declined by 14.98% to ₹382.15 crore, primarily due to expenses rising faster than revenue and a drop in other income.
- •Total expenses surged over 8% year-on-year to ₹2323 crore, while other income fell from ₹187 crore to ₹77.4 crore.
- •The company announced a third interim dividend of ₹4 per share (200% on ₹2 face value), with February 2 as the record date.
- •EBITDA increased by 7.1% to ₹643.04 crore, maintaining a stable margin of 23.5%.
Why It Matters: Balkrishna Industries saw revenue growth but a profit dip in Q3 due to increased expenses and lower other income.
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