Balkrishna Industries Ltd (BIL) recorded sales volume of 199,213 MT during FY18, exceeding the guidance of 195,000 MT driven by higher traction in the agriculture and mining segment. Most of the demand came from the European region which grew at 20% YoY followed by India at 15%. The management has indicated 220,000 MT for FY19 on the back of growing demand from the off- highway industry.