May 27 (Reuters) - Tyremaker Goodyear India (GDYR.BO) , opens new tab reported a profit in the fourth quarter on Tuesday, as higher replacement demand for tyres offset the impact of higher rubber prices.

U.S.-based Goodyear Tire's (GT.O) , opens new tab Indian unit posted a profit of 48.7 million rupees ($570,578) for the three months ended March 31 against a loss of 42.1 million rupees a year ago.

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Goodyear India supplies tyres to BMW (BMWG.DE) , opens new tab and Toyota (7203.T) , opens new tab among others and depends on automakers' sales for a major chunk of its revenue.

Total vehicle sales in India rose 1.8% year-over-year in the reported quarter but analysts said that demand for replacing old or worn out tyres sustained.

Rival CEAT (CEAT.NS) , opens new tab missed its quarterly profit estimates last month, while MRF (MRF.NS) , opens new tab beat estimates.

Goodyear India's revenue from operations rose 9.5% to 6.03 billion rupees, compared to a 15.6% fall last year.

Its total expenses grew 7.2%, led by a 28.7% rise in cost of materials consumed.

The company had expected a pick up in replacement demand, which is cyclical in nature, in the fiscal year ending March.

Its shares closed 1.6% higher before the results.

($1 = 85.3520 Indian rupees)

https://www.reuters.com/world/india/tyremaker-goodyear-india-posts-quarterly-profit-higher-replacement-demand-2025-05-27/