Balkrishna Industries Limited — Investor Meet, 30-10-2024: Analysts/Institutional Investor Meet/Con. Call Updates

Balkrishna Industries Ltd. reported a stable Q2 for FY25, with a 10% year-on-year revenue growth to INR 2,465 crores, despite macroeconomic challenges. The company forecasts minor sales volume growth for the year. They completed a capex for advanced carbon materials and commenced a tyre capex phase. Stand-alone EBITDA rose 13% year-on-year, with a margin of 25.11%. The Board declared a second interim dividend of INR 4 per share, totaling INR 8 for the year.