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Automobile Corporation of Goa slips on reporting 66% fall in Q4 net profit

30 Apr 2018 Evaluate

Automobile Corporation of Goa is currently trading at Rs. 1100.00, down by 90.40 points or 7.59% from its previous closing of Rs. 1190.40 on the BSE.

The scrip opened at Rs. 1115.00 and has touched a high and low of Rs. 1120.00 and Rs. 1073.70 respectively. So far 7691 shares were traded on the counter.

The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 1670.00 on 29-Jan-2018 and a 52 week low of Rs. 633.00 on 12-May-2017.

Last one week high and low of the scrip stood at Rs. 1249.85 and Rs. 1150.05 respectively. The current market cap of the company is Rs. 707.66 crore.

The promoters holding in the company stood at 53.50%, while Institutions and Non-Institutions held 0.03% and 46.47% respectively.

The company has reported a decline of 66.45% in its net profit at Rs 1.56 crore for the quarter ended March 31, 2018 as compared to Rs 4.65 crore for the same quarter in the previous year. Total income of the company decreased by 23.32% at Rs 114.37 crore for quarter under review as compared to Rs 149.15 crore for the quarter ended March 31, 2017.

For the year ended March 31, 2018, the company has posted a decline of 3.91% in its net profit at Rs 20.16 crore as compared to Rs 20.98 crore for the same period in the previous year. Total income of company decreased marginally by 0.06% at Rs 508.07 crore for year under review as compared to Rs 508.39 crore for the period ended March 31, 2017.

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