Reuters Market Eye - Balkrishna Industries
Sept-qtr net profit fell 16.5 pct to 901.6 million rupees ($14.62 million).
Price cuts following global rivals weighed - Analysts.
Price cuts negated the potential impact of rubber price trading near five-year low.
Sept-qtr cost of material consumed as a percentage of total income at 55 pct, compared with 50.55 pct for the June quarter - Reuters Calculations.
(Reporting by Abhishek Vishnoi)
