Positive impactCompany
BKT to foray into car tyres in November; aims to double revenue to ₹23,000 crore by FY30
BusinessLine 14 hrs ago·30 Aug 2026, 6:21 am
BKT is expanding its product portfolio by entering the passenger car tyre market in November. This strategic move aims to diversify its revenue streams beyond its current focus on off-highway vehicles and carbon black operations.
For investors, this diversification is significant as it targets a larger and more competitive consumer segment. The company projects a substantial increase in revenue to ₹23,000 crore by FY30, driven by this new venture and continued growth in existing sectors.
Investors should monitor the execution of this plan. Key factors to watch include the company's ability to capture market share in the passenger car segment and the successful integration of the new business line with its existing operations.
Excerpt from BusinessLine
Balkrishna Industries (BKT), which closed FY26 with consolidated revenue of ₹10,823 crore and weaker profitability, has begun FY27 on a stronger footing and is betting on three growth engines—off-highway tyres, carbon black and its new on-road tyre business—to more than double revenue to ₹23,000 crore by FY30. Q1…Read the original at BusinessLine
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- Category: Company.
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