Goodyear India posts ₹43-crore PAT in Q4
May 27, 2021
Higher volumes, increased factory utilisation and cost efficiencies boost performance Goodyear India Ltd reported a significant growth in profit after tax at ₹43 crore for the quarter ended March 31, compared to ₹13 crore a year ago.
The improvement was driven by higher volumes, increased factory utilisation and cost efficiencies, according to a company statement.
Revenue from operations stood at ₹569 crore as against ₹375 crore. The increase was driven by robust farm demand, distribution expansion initiatives in consumer replacement business and base effect of Covid in March 2020.
For the year ended March 31, 2021, the company achieved its highest ever PAT in its history. The PAT was ₹136 crore compared to ₹89 crore in FY20, an increase of 53 per cent. Its revenue from operations for FY21 stood at ₹1,792 crore (₹1,746 crore).
Goodyear India Ltd Q4FY21 net profit at Rs 43 22 crore equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.
Viji Finance Ltd, Suncare Traders Ltd, Goodyear India Ltd and Adhunik Industries Ltd are among the other losers in the BSE s B group today, 14 December 2020.
Viji Finance Ltd, Suncare Traders Ltd, Goodyear India Ltd and Adhunik Industries Ltd are among the other losers in the BSE s B group today, 14 December 2020.
Welspun Investments & Commercials Ltd crashed 10.00% to Rs 442.35 at 14:32 IST.The stock was the biggest loser in the BSE s B group.On the BSE, 1119 shares were traded on the counter so far as against the average daily volumes of 1973 shares in the past one month.
Viji Finance Ltd tumbled 9.09% to Rs 0.7. The stock was the second biggest loser in B group.On the BSE, 1.51 lakh shares were traded on the counter so far as against the average daily volumes of 85791 shares in the past one month.