Automobile Corporation of Goa Ltd Q1FY24 consolidated net profit climbs to Rs. 10.10 crores

AUTOMOBILE CORPORATION OF GOA LTD. has reported Standalone financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 153.3564 crores during the period ended June 30, 2023 as compared to Rs. 139.3467 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 10.1004 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 7.7265 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 16.59 for the period ended June 30, 2023 as compared to Rs. 12.69 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹153.3564 crs	₹139.3467 crs	10.05%
Net Profit	₹10.1004 crs	₹7.7265 crs	30.72%
EPS	₹16.59	₹12.69	30.73%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs.153.3564 crores during the period ended June 30, 2023 as compared to Rs.143.2097 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.10.1004 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.8.2847 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.16.59 for the period ended June 30, 2023 as compared to Rs.13.61 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹153.3564 crs	₹143.2097 crs	7.09%
Net Profit	₹10.1004 crs	₹8.2847 crs	21.92%
EPS	₹16.59	₹13.61	21.90%

Shares of AUTOMOBILE CORPORATION OF GOA LTD. was last trading in BSE at Rs. 1362.55 as compared to the previous close of Rs. 1314.90. The total number of shares traded during the day was 20058 in over 951 trades.

The stock hit an intraday high of Rs. 1398.00 and intraday low of 1305.45. The net turnover during the day was Rs. 27366373.00.

Source : Equity Bulls

Keywords

AutomobileCorporationofGoa Q1FY24 ResultUpdate