Actionable insights on equities, fixed-income, macros and personal finance Start 14-Days Free Trial
Actionable investing insights Get Free Trial

Q3FY19 Earnings Report: Results in Long Term Multicap Portfolio


Balkrishna Industries (BKT) had announced its results last week and had a conference call yesterday. Below is the snapshot of the results and notes from the conference calls.

Sales have increased by 3%. One needs to note that the above also includes realized gains/losses on foreign exchange (FX). Realized gain on FX in this quarter was Rs -9 Cr versus Rs +55 Cr in Q3FY18. Volumes have decreased by 6% and realizations have improved by 9% - this explains the growth in total revenues of 3%.

Like our content? Join Capitalmind Premium.

  • Equity, fixed income, macro and personal finance research
  • Model equity and fixed-income portfolios
  • Exclusive apps, tutorials, and member community
Subscribe Now Or start with a free-trial