Net profit of Goodyear India declined 12.90% to Rs 24.78 crore in the quarter ended June 2018 as against Rs 28.45 crore during the previous quarter ended June 2017. Sales rose 14.18% to Rs 534.63 crore in the quarter ended June 2018 as against Rs 468.24 crore during the previous quarter ended June 2017.

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Goodyear India will hold a meeting of the Board of Directors of the Company on 8 August 2018.

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Net profit of Goodyear India rose 21.44% to Rs 21.98 crore in the quarter ended March 2018 as against Rs 18.10 crore during the previous quarter ended March 2017. Sales rose 13.55% to Rs 380.92 crore in the quarter ended March 2018 as against Rs 335.47 crore during the previous quarter ended March 2017.

For the full year,net profit rose 2.03% to Rs 129.96 crore in the year ended March 2018 as against Rs 127.37 crore during the previous year ended March 2017. Sales rose 10.11% to Rs 1664.69 crore in the year ended March 2018 as against Rs 1511.84 crore during the previous year ended March 2017.

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The Board of Goodyear India at its meeting held on 25 May 2018 has accepted resignation of Oliver Carsten Gloe as an Additional Director of the company with effect from 25 May 2018. The Board also appointed Nicole Amanda Nuttall is appointed as an Additional Director of the company.

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