Goodyear net profit dips 21% in Jan-Mar quarter
Company had posted a net profit of Rs 13.78 crore in the corresponding period last year
Tyre maker Goodyear India today reported 20.75% decline in net profit for the quarter ended March 31, 2012, at Rs 10.92 crore.
The company had posted a net profit of Rs 13.78 crore in the corresponding period last year, Goodyear India said in a filing to the BSE.
The total income from operations during the quarter also went down by 1.83% to Rs 331.06 crore from Rs 337.22 crore in the year-ago period, it added.
Shares of the company closed 4.08% down at Rs 331.65 apiece on the BSE today.
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First Published: May 11 2012 | 8:02 PM IST