Automobile Corporation of Goa has reported results for fourth quarter and year ended March 31, 2013
The company has posted a fall of 45.90% in its net profit at Rs 4.82 crore for the quarter ended March 31, 2013 as compared to Rs 8.91 crore for the same quarter in the previous year. Total income from operation of the company has decreased by 37.35% at Rs 69.04 crore for quarter under review as compared to Rs 110.20 crore for the quarter ended March 31, 2012.
For the year ended March 31, 2013, the company has posted a fall of 37.05% in its net profit at Rs 15.63 crore as compared to Rs 24.83 crore for the same period in the previous year. Total income from operation too declined by 20.88% at Rs 263.27 crore for year under review as compared to Rs 332.74 crore for the period ended March 31, 2012.
