Categories: Business

Goodyear net profit up 27.5% in Q3


New Delhi, Feb 8 (IANS) Tyre manufacturer Goodyear India on Wednesday posted a 27.5 per cent rise in its standalone net profit to Rs 33.24 crore in the December quarter as compared to Rs 26.07 crore in the corresponding quarter of the last fiscal.

Its net sales in the quarter under review stood at Rs 402.44 crore as against Rs 385.24 crore.

The company reported that the cost material consumed in the quarter was at Rs 135.07 crore as compared to Rs 108.73 crore in the year-ago period.

(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)

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Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.

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