Goodyear India announced a steady growth in standalone net profit for the quarter ended June 2014. During the quarter, the profit of the company rose 12.84% to Rs 289.10 million from Rs 256.20 million in the same quarter last year.
Net sales for the quarter rose marginally 2.46% to Rs 4,330.30 million, compared with Rs 4,226 million for the prior year period.
Earnings per share for the quarter stood at Rs 12.53, registering 12.78% growth over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Jun - 14 | Jun - 13 | %Change |
| Net Sales | 4,330.30 | 4,226.20 | 2.46 |
| Net Profit | 289.10 | 256.20 | 12.84 |
| Basic EPS | 12.53 | 11.11 | 12.78 |
Shares of the company gained Rs 19.4, or 3.53%, to trade at Rs 569.00. The total volume of shares traded was 9,260 at the BSE (1.32 p.m., Wednesday).
