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Balkrishna Industries Ltd
reported a mixed performance for the December quarter on Wednesday, January 28, with net profit declining 14.98% year-on-year to ₹382.15 crore, compared with ₹449.48 crore in the year-ago period, even as revenues and operating earnings posted steady growth.
Revenue from operations rose 6.9% YoY to ₹2,736.8 crore in Q3, up from ₹2,560.3 crore last year. Operating performance improved modestly, with EBITDA increasing 7.1% YoY to ₹643.04 crore, compared with ₹600.7 crore in the corresponding quarter last year.
However, EBITDA margin remained flat at 23.5%, unchanged from a year ago, indicating limited operating leverage amid cost pressures. Profit before tax for the quarter stood at ₹491.06 crore, versus ₹599.68 crore in Q3FY25.
For the nine months ended December 31, 2025, the company reported a consolidated net profit of ₹943.69 crore, compared with ₹1,286.41 crore in the year-ago period, while revenue stood at ₹7,890.26 crore, marginally higher than ₹7,694.57 crore last year.
The board of directors also declared a third interim dividend of ₹4 per equity share (200%) for FY26. The record date has been fixed as February 2, 2026, and the dividend will be paid within the statutory timeline.
Balkrishna Industries operates in a single reportable segment, tyres.
Shares of the company closed 0.60% lower at ₹2,403.60 ahead of the Q3 earnings results announcement on Wednesday. The stock has gained 4.17% in the last one month.
Revenue from operations rose 6.9% YoY to ₹2,736.8 crore in Q3, up from ₹2,560.3 crore last year. Operating performance improved modestly, with EBITDA increasing 7.1% YoY to ₹643.04 crore, compared with ₹600.7 crore in the corresponding quarter last year.
However, EBITDA margin remained flat at 23.5%, unchanged from a year ago, indicating limited operating leverage amid cost pressures. Profit before tax for the quarter stood at ₹491.06 crore, versus ₹599.68 crore in Q3FY25.
For the nine months ended December 31, 2025, the company reported a consolidated net profit of ₹943.69 crore, compared with ₹1,286.41 crore in the year-ago period, while revenue stood at ₹7,890.26 crore, marginally higher than ₹7,694.57 crore last year.
The board of directors also declared a third interim dividend of ₹4 per equity share (200%) for FY26. The record date has been fixed as February 2, 2026, and the dividend will be paid within the statutory timeline.
Balkrishna Industries operates in a single reportable segment, tyres.
Shares of the company closed 0.60% lower at ₹2,403.60 ahead of the Q3 earnings results announcement on Wednesday. The stock has gained 4.17% in the last one month.
