Goodyear India Q1 Results: Net profit falls 43.6% YoY to Rs 14.1 crore, revenue down 5.1%

Image Courtesy: Goodyear tyres

Goodyear India Limited reported a steep year-on-year decline in earnings for the quarter ended June 30, 2025. The tyre manufacturer posted a net profit of Rs 14.1 crore, down 43.6% from Rs 25 crore in the same quarter last year.

Revenue from operations fell 5.1% to Rs 656.2 crore compared to Rs 691.4 crore a year ago. The company’s EBITDA also saw a significant drop, falling 36.3% to Rs 28.2 crore from Rs 44.3 crore in Q1 FY25. EBITDA margin stood at 4.3%, lower than the 6.4% reported in the corresponding period last year.

The decline in profitability and margins indicates cost pressures and subdued demand conditions impacting the company’s performance during the quarter.

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Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.

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