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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