Balkrishna Industries Ltd's Q2FY19 standalone net profit rises 10% yoy to Rs222cr The company’s standalone revenue stood at Rs1,325cr, up 19% yoy Mumbai-based Balkrishna Industries is engaged in offering pneumatic tires. The company offers tires, tubes and tire flaps. It focuses on manufacture of a range of off-highway tires (OHT). These tires are mainly meant for agricultural, industrial and construction, earthmover and port, mining, forestry, lawn and garden and all-terrain vehicles (ATV). Its products include AGRIMAX RT 855, PL 801, EARTHMAX SR 41, EM 934, AGRIMAX TERIS and EARTHMAX SR 30, among others. The Tyre company reported 10% year-on-year (Y-o-Y) growth in its standalone net profit at Rs 2.22 billion in Q2FY19. It had a profit of Rs 2.03 billion in a year ago quarter. Operational revenue during the quarter under review grew 19% at Rs 13.25 billion over the previous year quarter. Other income rose four-fold at Rs 444 million from Rs 100 million