GOODYEAR INDIA LTD.

Goodyear India Ltd announced its unaudited financial results for the quarter ended June 30, 2026. The Board of Directors approved these results along with a limited review report from the statutory auditors, Deloitte Haskins & Sells LLP. The company operates in a single segment: automotive tyres, tubes, and flaps. The results were prepared in accordance with Indian Accounting Standards (Ind AS 34) and SEBI LODR Regulations. The filing also noted a past service cost of Rs. 818 lakhs related to employee compensation restructuring, recognized as an exceptional item.

Goodyear India's standalone Q1 FY27 (quarter ended June 30, 2026) revenue from operations rose 18.0% YoY to ₹774.35 Cr (₹656.22 Cr a year ago) and 25.7% QoQ (₹616.28 Cr in Q4 FY26). Reported net profit fell 53.9% YoY to ₹6.51 Cr (₹14.11 Cr) and 32.8% QoQ (₹9.69 Cr), with EPS at ₹2.82 versus ₹6.12 and ₹4.20 respectively. No consensus estimate could be located for this specific print — results were announced today and the stock does not appear to carry regular brokerage preview coverage — so vsStreet is unknown; the company also has no formal management guidance on record in our data or in public sources, so the print cannot be benchmarked against a prior outlook. The headline PAT number is flattered by a one-off. Profit before exceptional items and tax was just ₹0.52 Cr this quarter (₹18.96 Cr a year ago), and the ₹8.70 Cr PBT was reached only because of a ₹8.18 Cr exceptional credit — a reversal of past-service cost on gratuity/compensated-absence obligations that the company had recognised in FY26 following the Labour Codes notified in November 2025 (per note 4 to the filing). Stripping this out and applying the quarter's own ~25% effective tax rate, adjusted PAT works out to roughly ₹0.4 Cr — a ~97% YoY decline from ₹14.11 Cr, versus the 53.9% drop in reported PAT. Net profit margin (PAT/total income) compressed to 0.83% from 2.13% a year ago and 1.56% in Q4 FY26. The squeeze traces to cost of materials consumed rising 36.6% YoY to ₹365.21 Cr (₹267.37 Cr), well ahead of 18% revenue growth, alongside finance costs more than doubling to ₹2.65 Cr (₹1.26 Cr); total expenses grew 21.5% YoY, outpacing revenue. The board approved the unaudited results at its August 12, 2026 meeting alongside a limited review report from Deloitte Haskins & Sells that raised no qualifications. The only other development in the quarter was a routine product launch (Ultra Grip tractor tyre, July 1) and the standard pre-results trading-window closure; neither has a quantifiable bearing on this print. No management press release accompanying the results was available in the context to cross-check the company's own framing of the quarter. With raw-material cost inflation outrunning volume/pricing gains and the exceptional credit unlikely to repeat, the key swing factor into Q2 FY27 is whether cost of materials consumed eases back toward historical ratios. Absent that, underlying (ex-exceptional) profitability — near breakeven this quarter — is the number to track rather than the reported PAT figure.

Goodyear India Ltd has announced that its Board of Directors will convene on August 12, 2026. The primary agenda for this meeting is to consider and approve the unaudited financial results for the quarter that concluded on June 30, 2026. In line with SEBI regulations, the company has also informed about the closure of the trading window for its securities, effective from July 1, 2026, and will remain closed for 48 hours post the declaration of these financial results.

Goodyear India Ltd has announced its 65th Annual General Meeting (AGM) to be held on August 12, 2026, via Video Conferencing/Other Audio-Visual Means. The company has also released its Annual Report for the Financial Year 2025-26. Key agenda items include the adoption of audited financial statements, declaration of a final dividend of ₹26.50 per equity share, re-appointment of a director, ratification of cost auditor remuneration, and approval for the waiver of excess managerial remuneration paid to the Managing Director for FY25-26 amounting to ₹2,02,65,182.

Goodyear India Ltd has submitted its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26. The report, which forms part of the Annual Report, details the company's operations, employee data, and market presence. Key disclosures include manufacturing and trading of tyres, tubes, and flaps contributing 100% to turnover, with tyres accounting for 59.8% and trading for 40.2%. The company operates 8 locations nationally and serves over 10 countries internationally, with exports representing 1.38% of total turnover. Employee data shows a total of 496 permanent and non-permanent employees and 1547 permanent and non-permanent workers as of March 31, 2026. The report is prepared on a standalone basis.

Goodyear India Ltd has submitted its Annual Report for FY 2025-26 and the Notice for its 65th Annual General Meeting (AGM). The AGM is scheduled for August 12, 2026, to be held via Video Conferencing/Other Audio-Visual Means. Key agenda items include the adoption of audited financial statements for FY 2025-26, declaration of a final dividend of ₹26.50 per equity share, re-appointment of a director, ratification of cost auditor remuneration, and approval for waiving recovery of excess managerial remuneration paid to the Managing Director amounting to ₹2,02,65,182.

Goodyear India has launched its new Ultra Grip tractor tire, designed for the farm business and tailored to Indian agricultural conditions. The launch event in Chandigarh brought together dealers and channel partners. The Ultra Grip tire offers dependable traction, durability, and longer tire life, featuring a rugged tread design, robust construction with puncture pads, and enhanced stability for better control. This product launch signifies Goodyear India's ongoing commitment to providing agricultural tire solutions for local farming applications. The tire is initially available in size 14.9-28, with more sizes planned, and will be distributed through Goodyear India's dealer network.

Goodyear India Ltd has announced the closure of its trading window for the quarter ending June 30, 2026. This measure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The window will be shut from July 1, 2026, and will reopen 48 hours after the declaration of the financial results for the said quarter. This is a standard procedure to prevent insider trading during the period leading up to the announcement of financial results.

Goodyear India Ltd has announced the launch of its new farm tyre, 'Goodyear Ultra Grip', on June 05, 2026. This product is designed for the domestic market. The company has provided the details as per SEBI regulations, indicating a new addition to its product portfolio aimed at the agricultural sector.

Goodyear India Ltd has announced the record date for determining shareholder entitlement to the final dividend for the Financial Year 2025-26. The record date is set for Wednesday, August 5, 2026. This dividend, if approved by the members at the upcoming Annual General Meeting, will be distributed to shareholders as of this date. The announcement follows SEBI regulations and a previous communication on May 28, 2026.