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Foundry Daily News

24. October 2010

India - Automobile Corporation announces September quarter result

Automobile Corporation of Goa swung to profit for the quarter ended September 2010. During the quarter, the company reported profit of INR 82.01 million compared with a loss of INR 72.88 million in the same quarter previous year.

The company’s net sales for the quarter for the quarter rose 2.66 times to INR 1,090.67 million, while total income for the quarter jumped 2.62 times to INR 1,100.00 million, when compared with the prior year period.

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