Goodyear India Share Price

Auto Tyres & Rubber Products company Goodyear India announced Q3FY26 results Revenue: Rs 60,691 lakh against Rs 63,172 lakh during Q3FY25, change -4%. PBT: Rs 3,335 lakh against Rs 1,327 lakh during Q3FY25, change 151%. PAT: Rs 2,463 lakh against Rs 948 lakh during Q3FY25, change 160%. EPS: Rs 10.68 for Q3FY26. Result PDF

• Trendlyne
• 3 months 3 weeks ago

Auto Tyres & Rubber Products company Goodyear India announced Q2FY25 results Financial Highlights: The company’s second quarter revenue was Rs 687 crore, lower by 1% from a year ago. Second quarter profit before tax (PBT) was Rs 21 crore compared to Rs 51 crore in the prior year. YoY profit was lower due to reduction in volume, raw material inflation and EPR. GIL’s total income for the H1FY25 were Rs 1,382 crore, lower by 3% from H1FY24. H1FY25, profit before tax was Rs 55 crore compared to Rs 103 crore a year ago, lower by 47%, driven primarily due to lower volume and raw material inflation. Cash Performance: As on Q2FY25, the Company had Cash & bank balance of Rs 198 crore compared to Rs 124 crore as of FY24. During the year, the Company had paid Dividend of Rs 15 per equity share in August 2024 related to FY24, resulting in outflow of Rs 35 crore. Sandeep Mahajan, Chairman & Managing Director of Goodyear India said: “Our Company continues to enjoy significant market share with farm OEMs. The farm industry has seen modest recovery after facing a downturn in the previous financial year. With an above-normal monsoon this year and a promising outlook for the Rabi season supported by hike in Minimum Support Prices, we expect continued growth in the rural economy over the coming quarters.” “In the Consumer Replacement business, we are strategically repositioning our brand in the premium segment with a focus on Luxury, SUV, and EV. This is being done through new product launches by leveraging our global product portfolio, together with calibrated pricing action in the market.” “I am pleased to announce that Goodyear India Ltd. has been recognized with the Golden Peacock Award for Excellence in Corporate Governance for the year 2024”. Result PDF

• Trendlyne
• 1 year 7 months ago

Auto Tyres & Rubber Products company Goodyear India announced Q1FY25 results: The company’s first quarter revenue was Rs 695 crore, marking a 25% increase from Rs 554 crore in the previous quarter, yet 4% lower than the same quarter last year. First quarter profit before tax (PBT) was Rs 33.4 crore, compared to a loss of Rs 5.4 crore in the previous quarter, supported by robust volume growth. However, year-over-year profit was lower due to a reduction in volume and EPR. Mr. Sandeep Mahajan, Chairman & Managing Director of Goodyear India Ltd. said, “Our Company commands a significant market share with farm OEMs. The farm industry has rebounded strongly after experiencing double-digit degrowth in the last quarter. Rural demand appears to be gradually improving, and with favorable monsoons, we anticipate it to continue growing steadily.” Mr. Mahajan added, “Rising raw material prices, coupled with the regulatory requirements of Extended Producer Responsibility (EPR), have impacted our profitability. In Consumer Replacement business, we remain focused on winning in our target market segments – Luxury, SUV, and EV, by modernizing product portfolio, expanding distribution network, strengthening customer engagement through digital transformation initiatives, and building capability with best-in-class team. Result PDF

• Trendlyne
• 1 year 9 months ago