Praj Ind Q2 net profit up 127% at Rs 20.5 cr 13102011

Automobile Corporation of Goa has reported a sales turnover of Rs 75.30 crore and a net profit of Rs 6.55 crore for the quarter ended Sep '11.

For the quarter ended Sep 2010 the sales turnover was Rs 109.07 crore and net profit was Rs 8.20 crore.

Quarterly Results of Automobile Corporation of Goa -------- in Rs. Cr. --------

Sep '10 Jun '11 Sep '11 Sales Turnover 109.07 65.91 75.30 Other Income 0.93 1.97 1.90 Total Income 110.00 67.88 77.20 Total Expenses 96.50 61.11 66.32 Operating Profit 12.57 4.80 8.98 Profit On Sale Of Assets -- -- -- Profit On Sale Of Investments -- -- -- Gain/Loss On Foreign Exchange -- -- -- VRS Adjustment -- -- -- Other Extraordinary Income/Expenses -- -- -- Total Extraordinary Income/Expenses -- -- -- Tax On Extraordinary Items -- -- -- Net Extra Ordinary Income/Expenses -- -- -- Gross Profit 13.50 6.77 10.88 Interest 0.03 0.04 0.02 PBDT 13.46 6.74 10.86 Depreciation 1.17 1.10 1.14 Depreciation On Revaluation Of Assets -- -- -- PBT 12.29 5.64 9.72 Tax 4.09 1.83 3.17 Net Profit 8.20 3.81 6.55 Prior Years Income/Expenses -- -- -- Depreciation for Previous Years Written Back/ Provided -- -- -- Dividend -- -- -- Dividend Tax -- -- -- Dividend (%) -- -- -- Earnings Per Share 12.77 5.93 10.19 Book Value -- -- -- Equity 6.42 6.42 6.42 Reserves -- -- -- Face Value 10.00 10.00 10.00