Automobile Corporation of Goa Ltd Q3 FY2023 net profit at Rs. 4.10 crores

AUTOMOBILE CORPORATION OF GOA LTD. has reported Standalone financial results for the period ended December 31, 2022.

Financial Results (Q3 FY2023) - QoQ Comparison

The company has reported total income of Rs. 90.1740 crores during the period ended December 31, 2022 as compared to Rs. 141.4155 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 4.10 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 7.7349 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 6.73 for the period ended December 31, 2022 as compared to Rs. 12.70 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹90.1740 crs	₹141.4155 crs	-36.23%
Net Profit	₹4.10 crs	₹7.7349 crs	-46.99%
EPS	₹6.73	₹12.70	-47.01%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.90.1740 crores during the period ended December 31, 2022 as compared to Rs.77.21 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.4.10 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.3.4059 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.6.73 for the period ended December 31, 2022 as compared to Rs.5.59 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹90.1740 crs	₹77.21 crs	16.79%
Net Profit	₹4.10 crs	₹3.4059 crs	20.38%
EPS	₹6.73	₹5.59	20.39%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.374.7992 crores during the 9 Months period ended December 31, 2022 as compared to Rs.172.5458 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.20.1196 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.-1.5283 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.33.04 for the 9 Months period ended December 31, 2022 as compared to Rs.-2.51 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹374.7992 crs	₹172.5458 crs	117.22%
Net Profit	₹20.1196 crs	₹-1.5283 crs	1,416.47%
EPS	₹33.04	₹-2.51	1,416.33%

Shares of AUTOMOBILE CORPORATION OF GOA LTD. was last trading in BSE at Rs. 902.85 as compared to the previous close of Rs. 884.25. The total number of shares traded during the day was 1020 in over 76 trades.

The stock hit an intraday high of Rs. 928.00 and intraday low of 889.00. The net turnover during the day was Rs. 927985.00.

Source : Equity Bulls

Keywords

AutomobileCorporationofGoa Q3FY23 9MFY23 ResultUpdate