Automobile Corporation of Goa has reported a fall of 19% in profit after tax of Rs 6.5 crore for the quarter ended September 2011 as against Rs 8 crore in same quarter the previous year.
Total income fell 31% to Rs 75 crore from Rs 109 crore and EBITDA too was down 25% at Rs 9 crore from Rs 12 crore year-on-year.
EBITDA margin improved to 12% as against 11% during the same period.
Total expenditure declined 32% to Rs 66 crore in the July-September quarter of 2011 from Rs 97 crore in corresponding quarter of previous year.
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