Goodyear India fixes record date for FY26 final dividend
Goodyear India Limited has announced August 05, 2026, as the record date for determining eligibility for the final dividend for FY26, pending shareholder approval. The board had previously recommended a dividend of ₹26.50 per share, aggregating to ₹6,113 lakh, after reporting an 11.6% increase in annual net profit to ₹6,150 lakh. The company also appointed Mr. Rohitashv Sharma as Whole Time Director and noted the resignation of Internal Auditor Mr. Anurag Krishna.
*this image is generated using AI for illustrative purposes only.
Goodyear India Limited has fixed Wednesday, August 05, 2026, as the record date to determine the entitlement of members to the final dividend for the financial year ended March 31, 2026. The dividend declaration is subject to the approval of shareholders at the ensuing Annual General Meeting. This intimation was made in compliance with Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, following the board meeting held on May 28, 2026.
The company previously reported a net profit of ₹6,150 lakh for FY26, an 11.6% increase from ₹5,512 lakh in the previous year, while revenue from operations stood at ₹247,588 lakh. The board had recommended a final dividend of ₹26.50 per equity share of ₹10 each, aggregating to ₹6,113 lakh. For the quarter ended March 31, 2026, the company reported a profit of ₹969 lakh, impacted by an exceptional item of ₹1,983 lakh related to the implementation of new Labour Codes.
Financial Performance
The Statement of Standalone Financial Results for the year ended March 31, 2026, showed the following key figures:
| Particulars | Year ended March 31, 2026 (₹ in Lakhs) | Year ended March 31, 2025 (₹ in Lakhs) |
|---|---|---|
| Revenue from operations | 247,588 | 260,805 |
| Total Income | 249,458 | 262,557 |
| Total Expenses | 238,965 | 255,089 |
| Profit before tax | 8,316 | 7,468 |
| Net Profit | 6,150 | 5,512 |
| Earnings per share (Basic) | 26.66 | 23.90 |
Corporate Actions
The Board of Directors appointed Mr. Rohitashv Sharma as an Additional Director effective June 01, 2026, designated as Whole Time Director (Key Managerial Personnel) for five years, subject to shareholder approval. Mr. Vinay Kumar was appointed as Head-Legal & Compliance effective the same date. The board also noted the resignation of Mr. Anurag Krishna as Internal Auditor effective June 05, 2026.
Historical Stock Returns for Goodyear
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.06% | +2.50% | +0.32% | -5.56% | -5.56% | -23.02% |
How will the implementation of the new Labour Codes impact Goodyear India's operational costs and profit margins in the upcoming fiscal year?
What strategic initiatives does the newly appointed Whole Time Director, Mr. Rohitashv Sharma, plan to implement to reverse the decline in revenue from operations?
Will the company maintain the current dividend payout ratio given the exceptional costs incurred in FY26 and potential future investments?
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