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Goodyear net profit up 27.5% in Q3

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IANS New Delhi

Tyre manufacturer Goodyear India on Wednesday posted a 27.5 per cent rise in its standalone net profit to Rs 33.24 crore in the December quarter as compared to Rs 26.07 crore in the corresponding quarter of the last fiscal.

Its net sales in the quarter under review stood at Rs 402.44 crore as against Rs 385.24 crore.

The company reported that the cost material consumed in the quarter was at Rs 135.07 crore as compared to Rs 108.73 crore in the year-ago period.

--IANS

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First Published: Feb 08 2017 | 10:48 PM IST

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