Balkrishna Industries Ltd (NSE:BALKRISIND)
₹ 2780.15 -18.4 (-0.67%) Market Cap: 537.45 Bil Enterprise Value: 550.75 Bil PE Ratio: 32.25 PB Ratio: 5.59 GF Score: 96/100
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Q2 2024 Balkrishna Industries Ltd Earnings Call Transcript

Oct 23, 2023 / 05:30AM GMT
Release Date Price: ₹2566.9 (+1.03%)
Operator

Ladies and gentlemen, good day and welcome to Balkrishna Industries Limited Q2 and H1 FY '24 Earnings Conference Call.

This conference call may contain forward-looking statements about the company which are based on the beliefs, opinions and expectations of the company as on date of this call. These statements are not the guarantees of future performance and involve risks and uncertainties that are difficult to predict. (Operator Instructions) Please note that this conference is being recorded.

I now hand the conference over to Mr. Rajiv Poddar, joint managing director from Balkrishna Industries Limited. Thank you. And over to you, sir.

Rajiv A. Poddar
Balkrishna Industries Limited - Joint MD & Executive Director

Thank you, Nirav. Good morning, everyone, and thank you for joining us today. Along with me, I have Mr. Bajaj, Senior President, Commercial, and CFO; Mr. Ravi Joshi, Deputy CFO; Mr. Sushil Mishra, Head, Accounts; and SGA, our investor relationships adviser.

Let me begin with performance updates. In Q2, we faced

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