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Share the post "AUTOMOBILE CORPORATION OF GOA’s Q3 2024-25 Latest News: Revenue Decreases by 20.85% Year-on-Year"
Highlights
🔹 The presented financial data is Standalone to provide a comprehensive overview of the company performance. 🔹 Sales over the Year and quarter: The company’s sales declined by -20.85 % over the year, decrease in net sales/revenue by -14.76 %. 🔹 Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 5.89 %. Marginal decrease of -16.66% in other income during this quarter. 🔹 Profit over the Year and quarter: Challenges in sustaining profitability for AUTOMOBILE CORPORATION OF GOA. Profit dropped by -53.88 % Year to Year, AUTOMOBILE CORPORATION OF GOA’s profitability dropped by -38.55 % Quarter to Quarter. 🔹 EPS over the Year and quarter: EPS declined by -53.89 % Year to Year. EPS decreased by -38.51 % in previous quarter. Analysis needed for shareholder value.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 139.872 Cr | Rs. 129.874 Cr | Rs. 110.706 Cr | -14.76 % | -20.85 % |
| Expenses | Rs. 128.64 Cr | Rs. 122.92 Cr | Rs. 106.61 Cr | -13.27 % | -17.13 % |
| Operating Profit | Rs. 11.23 Cr | Rs. 6.95 Cr | Rs. 4.1 Cr | -41.01 % | -63.49 % |
| OPM % | 8.03 % | 5.35 % | 3.7 % | -1.65 % | -4.33 % |
| Other Income | Rs. 3.023 Cr | Rs. 3.841 Cr | Rs. 3.201 Cr | -16.66 % | + 5.89 % |
| Interest | Rs. 0.02 Cr | Rs. 0.03 Cr | Rs. 0.03 Cr | + 0 % | + 50 % |
| Depreciation | Rs. 1.13 Cr | Rs. 1.12 Cr | Rs. 1.19 Cr | + 6.25 % | + 5.31 % |
| Profit before tax | Rs. 13.1 Cr | Rs. 9.64 Cr | Rs. 6.08 Cr | -36.93 % | -53.59 % |
| Tax % | 25.4 % | 23.93 % | 25.72 % | + 1.79 % | + 0.32 % |
| Net Profit | Rs. 9.78 Cr | Rs. 7.34 Cr | Rs. 4.51 Cr | -38.56 % | -53.89 % |
| EPS in Rs | Rs. 16.07 | Rs. 12.05 | Rs. 7.41 | -38.51 % | -53.89 % |
Today, we’re looking at AUTOMOBILE CORPORATION OF GOA’s financial performance for the Q3(Dec 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -20.85 %. However, it did see a marginal slip of -14.76 % from the previous quarter. Expenses decreased slightly by -13.27 % quarter-on-quarter, aligning with the annual decline of -17.13 %. Operating profit, while down -63.49 % compared to last year, faced a quarter-on-quarter dip of -41.01 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -4.33 %, but a shrinkage of -1.65 % sequentially. Other income fell by -16.66 % compared to the last quarter, despite an annual growth of 5.89 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year increase remains at a moderate 50 %. Depreciation costs climbed by 6.25 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 5.31 %. Profit before tax declined annually by -53.59 % but saw a reduction from the preceding quarter by -36.93 %.
Tax expenses as a percentage of profits increased slightly by 0.32 % compared to last year, with a more notable quarter-on-quarter increase of 1.79 %. Net profit fell by -53.89 % year-on-year but witnessed a -38.56 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -53.89 % but a quarterly fall of -38.51 %. In summary, AUTOMOBILE CORPORATION OF GOA’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 139.872 Cr | Rs. 129.874 Cr | Rs. 110.706 Cr | -14.76 % | -20.85 % |
| Expenses | Rs. 128.64 Cr | Rs. 122.92 Cr | Rs. 106.61 Cr | -13.27 % | -17.13 % |
| Operating Profit | Rs. 11.23 Cr | Rs. 6.95 Cr | Rs. 4.1 Cr | -41.01 % | -63.49 % |
| Net Profit | Rs. 9.78 Cr | Rs. 7.34 Cr | Rs. 4.51 Cr | -38.56 % | -53.89 % |
| EPS in Rs | Rs. 16.07 | Rs. 12.05 | Rs. 7.41 | -38.51 % | -53.89 % |
In reviewing AUTOMOBILE CORPORATION OF GOA’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -20.85 % year-on-year, although there was a slight dip of -14.76 % from the previous quarter. Expenses decreased by -17.13 % compared to the previous year, with a decrease of -13.27 % quarter-on-quarter. Operating Profit dropped by -63.49 % annually, and saw a -41.01 % decrease from the last quarter.
Net Profit showed yearly decrease of -53.89 %, and experienced a -38.56 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -53.89 % annually, however dipped by -38.51 % compared to the last quarter. In essence, while AUTOMOBILE CORPORATION OF GOA faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
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