Q3FY17 Results: Goodyear India Ltd
Bhagyashree Vivarekar / 08 Feb 2017
The company reported PAT of Rs 33.24 crore, which represents a sequential QoQ decline of 4.4 per cent and a YoY increase of 27.5 per cent.
Goodyear India Ltd. reported its results for the quarter ended December 31, 2016, today.
The company posted total sales of Rs 375.81 crore for Q3FY17, which represents a 2.76 per cent sequential decline and 3.94 per cent YoY increase.
Its operating profit (EBIT) for the quarter was Rs 42.78 crore and its EBIT margin was 11.38 per cent.
The company reported PAT of Rs 33.24 crore, which represents a sequential QoQ decline of 4.4 per cent and a YoY increase of 27.5 per cent.
Goodyear India Ltd is an India-based tyre manufacturing company. The company manufactures and markets tyres, tubes and flaps for passenger cars, SUVs, two-wheelers, tractors and others. The company has two manufacturing plant in India and operates in single business segment, viz. automotive tyres, tubes, flaps and related rubber products.
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