2012 sales, profits down at Goodyear India

Goodyear India Ltd. has reported a 2012 fiscal year net profit of Rs 563.2 million (£6.9 million), 12.8 per cent lower than the previous year’s result. Net sales for January to December 2012 amounted to Rs 14,812.9 million (£181.5 million), down 2.2 per cent year-on-year, while profit from operations before other income, finance costs and exceptional items was Rs 711.7 million (£8.8 million), a year-on-year decrease of 23.2 per cent.