Automobile Corporation of Goa Ltd Q2FY22 loss at Rs. 1.55 crore

The Board of Directors of AUTOMOBILE CORPORATION OF GOA LTD., at its meeting held today have approved the unaudited Standalone financial results of the company for the period ended September 30, 2021.

For the quarter ended September 30, 2021(Q2 FY2022), the company's total income was ₹ 55.0289 crore, against ₹26.6236 crore in the corresponding quarter of the previous year (YoY) and ₹40.3069 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹-1.5532 crore, against ₹-2.5439 crore in the corresponding quarter of the previous year (YoY) and ₹-3.3810 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹-2.55, against ₹-4.18 in the corresponding quarter of the previous year (YoY) and ₹-5.55 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 55.0289 crs	₹40.3069 crs	36.52%	₹26.6236 crs	106.69%
Net Profit	₹-1.5532 crs	₹-3.3810 crs	54.06%	₹-2.5439 crs	38.94 %
EPS	₹-2.55	₹-5.55	54.05%	₹-4.18	39.00%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹95.3358 crore, against ₹38.9788 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹-4.9342 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹-9.4360 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹-8.10 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹-15.50 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹95.3358 crs	₹38.9788 crs	144.58%
Net Profit	₹-4.9342 crs	₹-9.4360 crs	47.71%
EPS	₹-8.10	₹-15.50	47.74%

Shares of AUTOMOBILE CORPORATION OF GOA LTD. was last trading in BSE at Rs. 676.10 as compared to the previous close of Rs. 679.20. The total number of shares traded during the day was 2439 in over 65 trades.

The stock hit an intraday high of Rs. 685.00 and intraday low of 662.05. The net turnover during the day was Rs. 1648947.00.

Source : Equity Bulls

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AutomobileCorporationofGoa Q2FY22 H1FY22 ResultUpdate