Balkrishna Industries Limited Q4 results show revenue fell from 2374.02 to 2210.54 crores, a 6.89% decrease in growth. EPS also rise from ₹6.51 to ₹13.44, up by 106.45%.
First, Let’s Begin with Quarter-on-Quarter Basis:
Balkrishna Industries Ltd. shared its Q4 results on Tuesday. They earned 2210.54 crores in revenue this quarter, but that’s less than the 2374.02 crores they made last quarter. Unfortunately, the company’s growth decreased by 00 percent when comparing the two quarters.
In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 259.80 crores, up from 108.38 crores in the previous quarter. Their quarter-to-quarter growth inclined by 00 percent.
The company’s EPS (Earnings Per Share) this quarter is ₹13.44, which is an increase of 00% from the ₹5.61 EPS in the previous quarter.
Now, Let’s Analyze the Results on a Year-over-Year Basis:
The company made a total revenue of 10106.06 crores this year (2023), which is 15.72 percent higher than last year’s total revenue of 8733.04 crores.
This year’s PAT (Profit After Tax) is 1057.40 crores, which is also 26.33% lower than last year’s PAT of 1435.38 crores.
The EPS (Earnings Per Share) for this year is ₹54.70, which is 26.33% less than the EPS of ₹74.25 earned last year.
Balkrishna Industries Share Dividend Announcement / Record Date:
The Board of Directors has declared a Final Dividend of ₹4 per Equity Share of Face Value of ₹2 each of the Company (200% of Face Value). Total Dividend for FY23 stood at ₹12 per Equity Share (Interim Dividend of ₹2 per Equity Share)
|₹4 per Equity Share||Coming Soon|
The record date for the dividend has not arrived yet.
About Balkrishna Industries:
Balkrishna Industries Ltd (BKT) is a company engaged in the manufacturing of tires. It produces a diverse range of tires that cater to various sectors including agriculture, industrial and construction, earthmovers and port equipment, lawn and garden, mining, forestry, and all-terrain vehicles. In addition to tires, BKT also manufactures tubes and carbon black.
Download the Full PDF of Q4 Results: Click Here
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