Goodyear India FY26 profit rises 11.6% to ₹6,150 lakh

Goodyear India Limited reported a net profit of ₹6,150 lakh for the financial year ended March 31, 2026, representing an 11.6% increase from ₹5,512 lakh in the previous year. Revenue from operations for the year stood at ₹247,588 lakh, a decrease from ₹260,805 lakh in FY25. The board has recommended a final dividend of ₹26.50 per equity share of ₹10 each, aggregating to ₹6,113 lakh, subject to shareholder approval at the Annual General Meeting scheduled for August 12, 2026.

The company’s profit for the quarter ended March 31, 2026, was ₹969 lakh, compared to ₹487 lakh in the corresponding quarter of the previous year. This quarterly result was impacted by an exceptional item of ₹1,983 lakh, recognized as past service cost related to the implementation of new Labour Codes. For the full year, exceptional items totaled ₹2,177 lakh. Total comprehensive income for the year was ₹5,837 lakh, compared to ₹5,610 lakh in the prior year.

Financial Performance

The Statement of Standalone Financial Results highlighted the following key figures for the year ended March 31, 2026:

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

Board Decisions and Appointments

The Board of Directors approved the audited financial results for FY26 and the unaudited results for the quarter ended March 31, 2026. Based on the recommendation of the Nomination and Remuneration Committee, the board appointed Mr. Rohitashv Sharma as an Additional Director effective June 01, 2026, and designated him as Whole Time Director (Key Managerial Personnel) for a period of five years, subject to shareholder approval. Additionally, Mr. Vinay Kumar was appointed as Head-Legal & Compliance effective June 01, 2026.

The board took note of the resignation of Mr. Anurag Krishna from the position of Internal Auditor, effective from the close of business hours on June 05, 2026. The Register of Members and Share Transfer Books will remain closed from August 06, 2026, to August 12, 2026, for the purpose of dividend payment.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.80%	+0.03%	-6.02%	-7.64%	-7.64%	-20.74%

Goodyear India Limited has announced that its board of directors will meet on Thursday, May 28, 2026. The meeting has been convened in accordance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Agenda for the Meeting

The primary agenda for the upcoming board meeting includes the consideration and approval of the company's financial performance. Specifically, the board will deliberate on the unaudited financial results for the quarter ended March 31, 2026. Additionally, the directors will approve the audited financial results for the full financial year ended March 31, 2026.

Dividend Recommendation

Alongside the financial results, the board of Goodyear India Limited will evaluate the possibility of distributing returns to shareholders. The board will consider recommending a dividend, if any, on the equity shares of the company for the financial year ending March 31, 2026.

Trading Window Closure

In compliance with regulatory norms, the company had previously communicated the closure of the trading window for dealing in the company's securities. This closure came into effect on Wednesday, April 01, 2026. The window will remain shut until 48 hours after the date of declaration of the financial results for the quarter and the financial year ended March 31, 2026.