BKT profits skid on weak demand
Balkrishna Industries Limited reported a 21.3 per cent year-on-year drop in net profit for the second quarter of FY26, with earnings falling to Rs 273 crore from Rs 347 crore in the same period last fiscal, the company said on Friday. Revenue from operations declined slightly by 1.1 per cent to Rs 2,393 crore, down from Rs 2,419 crore a year earlier.
EBITDA fell 11.7 per cent to Rs 511.6 crore, and operating margin narrowed to 21.4 per cent from 24 per cent, reflecting pressure on profitability. The board declared a second interim dividend of Rs 4 per equity share—200 percent on the face value of Rs 2—for the financial year 2025–26. The dividend will be paid within 30 days, with November 7, 2025, as the record date.
All previously announced capital expenditure projects are moving forward as scheduled. On Friday, the company’s shares closed 1.77 per cent lower at Rs 2,285.50 on the National Stock Exchange.
Headquartered in Mumbai, Balkrishna Industries manufactures off-highway tires for the agricultural, construction, and mining sectors. It operates in over 160 countries and runs five plants in India—Waluj, Bhiwadi, Chopanki, Dombivali, and Bhuj—with subsidiaries in Europe and North America. The company is led by Chairman Arvind Poddar and Joint Managing Director Rajiv Poddar.
