Goodyear India increases sales, but profits fall

ERJ staff report (DS)

New Delhi, Ind -- Goodyear India said sales in the three months to 30 June 2012 rose to Rs 4011 million (euro 58.8 million) from Rs 3900 million in the same quarter a year ago. Operating profit in the period fell slightly to Rs189 million from Rs 203 million a year earlier.

Net profit was level, at Rs 142 million, compared with Rs 145 million a year earlier.

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Results statement from Goodyear India via Stock Exchange