Balkrishna Industries Ltd.'s net profit and revenue for the quarter ended December beat market expectations. The company reported high double-digit growth in net profit due to an exceptional rise in other income, which tripled on year. The latest quarter is the fifth consecutive quarter of growth in revenue and net profit. The company's revenue from operations grew by 11% as its realisations improved on account of the 1-2% price hike it took in the December quarter.
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