Mumbai, Aug. 13 -- Total operating expenditure jumped 21.7% to Rs 764.32 crore in Q1 FY27 over Q1 FY26, primarily due to high raw material costs (up 36.6% YoY), higher finished goods purchases (up 25.2% YoY) and higher other expenses (up 8.9% YoY).

Profit before tax in Q1 FY27 stood at Rs 8.70 crore, down 54.1% from Rs 18.96 crore in Q1 FY26.

Goodyear India Limited has had a presence in India for over 104 years. Its manufacturing facility, located in Ballabgarh, Faridabad, produces automotive tires, including farm tires and commercial truck tires.

Published by HT Digital Content Services with permission from Capital Market....