BKT reports weaker earnings, plans €180m capex for expansion
pre-market1 source ↓written by the desknot a recommendation
- capex to enhance
- €180 million
Balkrishna Industries Ltd (BKT) reported flat revenue of ₹106.6 billion for FY26, with net profit down 25% to ₹12.2 billion. Despite this, the company announced a €180 million capex to enhance tire capacity, driven by improving demand in Europe and the Americas. This expansion may bolster future growth prospects.
Not investment advice. For informational purposes only.