Automobile Corporation Of Goa Ltd Share Price – NSE  / BSE

Auto Ancillaries, Small Cap

Revenue from operations increased 34.67% YoY to Rs 203.32 crore during the quarter.

Profit before tax (PBT) surged 79.85% YoY to Rs 24.19 crore in Q1 FY25.

Total expenses jumped 30.9% YoY to Rs 183.11 crore in Q1 FY25 as comapred with Rs 139.89 crore in Q1 FY24. Cost of raw material consumed stood at Rs 129.86 crore (up 31.01% YoY), employee benefit expenses stood at Rs 12.13 crore (up 2.28% YoY).

Automobile Corporation of Goa is engaged in the manufacture of pressed parts, components, sub assemblies for various range of automobiles and manufacture Bus bodies and components thereof.

The counter hit an all-time high at Rs 2,861 in today’s intraday session.

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Net profit of Automobile Corporation Of Goa rose 77.43% to Rs 17.92 crore in the quarter ended June 2024 as against Rs 10.10 crore during the previous quarter ended June 2023. Sales rose 36.73% to Rs 196.78 crore in the quarter ended June 2024 as against Rs 143.92 crore during the previous quarter ended June 2023.

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Automobile Corporation Of Goa will hold a meeting of the Board of Directors of the Company on 30 July 2024.

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Automobile Corporation Of Goa announced that the Board of Directors of the Company at its meeting held on 8 May 2024, inter alia, have recommended the final dividend of Rs 15 per equity Share (i.e. 150%) , subject to the approval of the shareholders.

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