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Goodyear s India unit posts near two-fold jump in Q4 profit on easing costs

Tyre manufacturer Goodyear India Ltd on Monday reported a near two-fold rise in fourth-quarter profit, helped by lower raw material costs and growing demand for automobiles in the country.. | May 29, 2023

OTR Tires Market Competitive Landscape: Major Players And Their Strategies - By The Business Research Company

India s JK Tyre reports nearly three-fold increase in Q4 profit

India s JK Tyre & Industries Ltd on Wednesday reported a nearly three-fold rise in fourth-quarter profit, as raw material costs fell and domestic demand saw a boost. . | May 17, 2023

Why profit margins of tyre companies might have peaked

Along with moderation in demand for tyres expected in the near to medium term, rising rubber prices may puncture profitability of tyre firms

Apollo Tyres expects double-digit revenue growth in FY24

The Indian tyre industry is in a sweet spot with strong demand coming in while raw material prices are moderating, he said although reducing tyre prices would depend on competitive intensity.

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