NEW DELHI: Tire maker Goodyear India today said it had posted a net profit of Rs 2,891 1 crore for the second quarter ended June 30, with shares rising 12.84%.

Goodyear India had a net profit of Rs 25.62 crore in the same period last fiscal on BSE.

Net sales for the April-June quarter grew marginally by 2.55% to Rs. 432.61 crores from Rs. 432.61 crores starting from 421.82% in the same quarter of the previous fiscal year.

Total expenses for the quarter were Rs. 395.19 lakhs as compared to Rs. 388.46 lakhs in the same quarter last year.

Goodyear shares were trading at Rs 563, up 2.44% from the pre-BSE close.