Stock Analysis

Goodyear India Second Quarter 2023 Earnings: EPS: ₹11.75 (vs ₹16.98 in 2Q 2022)

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NSEI:GOODYEAR
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Goodyear India (NSE:GOODYEAR) Second Quarter 2023 Results

Key Financial Results

  • Revenue: ₹7.67b (up 9.8% from 2Q 2022).
  • Net income: ₹271.0m (down 31% from 2Q 2022).
  • Profit margin: 3.5% (down from 5.6% in 2Q 2022). The decrease in margin was driven by higher expenses.
  • EPS: ₹11.75 (down from ₹16.98 in 2Q 2022).
earnings-and-revenue-history
NSEI:GOODYEAR Earnings and Revenue History November 17th 2022

All figures shown in the chart above are for the trailing 12 month (TTM) period

Goodyear India shares are down 2.1% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 3 warning signs for Goodyear India (of which 1 makes us a bit uncomfortable!) you should know about.

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