Established in Oct 2016, Indigrid InvIT is India's first and largest Infrastructure Investment Trust (InvIT) in the power transmission sector. It owns, operates and manages power transmission networks and renewable energy assets that deliver reliable power throughout India.
Every tyre company reported a decline in margins on a YoY basis due to increased input and raw material costs. Balkrishna Industries’ margins were impacted the highest due to increased raw material costs and higher freight rates.
In Q2 FY23, the revenue from operations declined by 16% YoY due to a 10% decline in the sales volume and a 7% decline in the realization during the same period.