Balkrishna Industries Q2 Net Profit Rises 7 Percent to Rs 293 Crore

Rising raw material costs and interest expenses lead to 35% sequential net profit decline.

By Dev Vadchhedia

04 Nov 2026

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Balkrishna Industries Q2 Net Profit Rises 7 Percent to Rs 293 Crore

Balkrishna Industries reported a 7.1 percent year-on-year increase in consolidated net profit to Rs 292.62 crore for Q2 FY27, compared to Rs 273.19 crore in the corresponding period of the previous financial year.

On a sequential basis, net profit fell 35.1 percent from Rs 450.77 crore recorded in Q1 FY27, as operational expenses escalated.

Consolidated revenue from operations for the quarter expanded 45.1 percent year-on-year to Rs 3,471.74 crore from Rs 2,393.45 crore in Q2 FY26, remaining largely flat sequentially against Rs 3,455.27 crore in Q1 FY27.

Total consolidated expenses grew 48.3 percent year-on-year to Rs 3,125.90 crore compared to Rs 2,107.35 crore in the same period last year, driven primarily by raw material consumption costs of Rs 1,968.45 crore and other expenses of Rs 704.89 crore. Finance costs doubled to Rs 67.48 crore from Rs 32.54 crore in the year-ago quarter. Sequentially, expenses grew 6% from the Rs 2,953.89 crore in Q1 FY27.