Goodyear India launches Ultra Grip tractor tire for farm business

Goodyear India recently introduced its new Ultra Grip tractor tire for the farm business during a product showcase in Chandigarh. The launch brought together around 100 dealers and channel partners from across the country. Designed to support Indian farmers operating across demanding field conditions, the Ultra Grip delivers dependable traction, durability, and longer tire life. This product reflects Goodyear India 's continued focus on agricultural tire solutions tailored to local farming applications.

Arvind Bhandari, Managing Director of Goodyear India, stated that farmers are adopting more demanding applications and require tires that can deliver dependable grip, durability, and longer tire life. He noted that the Ultra Grip is designed to provide confidence and reliability in everyday agricultural operations.

Product Features

The Ultra Grip tractor tire is developed for varied Indian soil and field conditions. It is engineered to balance grip, durability, and long-lasting performance through several key features:

Feature	Description
Rugged tread design	Enhanced tread depth ensures superior grip across varied field conditions. The tread pattern helps maintain traction in demanding terrain.
Strong and durable	Robust construction includes puncture pads and a cut and chip resistant tread compound to reduce damage from rough surfaces.
Better control	Designed to provide enhanced stability and control across different terrains for greater confidence in farming applications.

Availability and Specifications

The Goodyear Ultra Grip tractor tire is currently available in the 14.9-28 size, with additional sizes planned for the future. The product will be distributed through Goodyear India's dealer network across key agricultural markets. The company has disclosed that the launch of this product was previously intimated to the Stock Exchange on June 05, 2026.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.05%	-0.73%	+2.62%	-5.22%	-5.22%	-31.10%

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.