Goodyear India Q3 Results 2025:Goodyear India declared their Q3 results on 13 Feb, 2025. The topline increased by 6.82% YoY, but the profit decreased significantly by 56.63% compared to the same period last year. The company reported a profit of ₹9.48 crore with a revenue of ₹631.72 crore.
However, when compared to the previous quarter, the revenue showed a decline of 7.41%, and profit also dipped by 39.77%. This downward trend raises concerns about the company's performance in the near term.
In terms of expenses, the Selling, General & Administrative expenses declined by 10.56% quarter-over-quarter and decreased by 8.76% year-over-year, indicating some cost management efforts from the company.
The operating income experienced a significant drop, down by 41.55% quarter-over-quarter and a staggering 61.25% year-over-year. This decline suggests challenges in maintaining operational efficiency.
Earnings per share (EPS) for Q3 stood at ₹4.11, marking a decrease of 56.65% year-over-year, which reflects the overall profitability issues faced by the company.
Goodyear India has delivered a -7.24% return in the last week, -24.33% return in the last six months, and a -12.72% year-to-date return, indicating a challenging market environment.
Currently, Goodyear India holds a market capitalization of ₹2023.05 crore, with a 52-week high of ₹1342.1 and a low of ₹860, reflecting volatility in the stock price.
Goodyear India Financials
Period | Q3 (FY25) | Q2 (FY25) | Q-o-Q Growth | Q3 (FY24) | Y-o-Y Growth |
---|---|---|---|---|---|
Total Revenue | 631.72 | 682.25 | -7.41% | 591.4 | +6.82% |
Selling/ General/ Admin Expenses Total | 44.39 | 49.63 | -10.56% | 48.65 | -8.76% |
Depreciation/ Amortization | 13.77 | 13.88 | -0.79% | 13.85 | -0.58% |
Total Operating Expense | 621.66 | 665.04 | -6.52% | 565.44 | +9.94% |
Operating Income | 10.06 | 17.21 | -41.55% | 25.96 | -61.25% |
Net Income Before Taxes | 13.27 | 21.15 | -37.26% | 30.11 | -55.93% |
Net Income | 9.48 | 15.74 | -39.77% | 21.86 | -56.63% |
Diluted Normalized EPS | 4.11 | 6.82 | -39.74% | 9.48 | -56.65% |
Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff.
Catch all the Business News , Corporate news , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.