Automobile Corp. of Goa Ltd. announced standalone audited financial results for the third quarter and nine months ended December 31, 2014. For the quarter, the company reported loss from operations before other income, finance costs & exceptional items of INR 32.839 million against profit from operations before other income, finance costs & exceptional items of INR 78.875 million for the same period of last year. Loss from ordinary activities before tax was INR 16.972 million against profit from ordinary activities before tax of INR 98.228 million for the same period of last year. Net loss for the period was INR 11.503 million or INR 1.79 per basic and diluted share against net profit for the period of INR 64.532 million or INR 10.05 earning per basic and diluted share for the same period of last year. Net sales/income from operations (net of excise duty) were INR 596.192 million against INR 841.497 million for the same period of last year.

For the nine months, the company reported profit from operations before other income, finance costs & exceptional items of INR 88.398 million against INR 130.839 million for the same period of last year. Profit from ordinary activities before tax was INR 139.228 million against INR 190.904 million for the same period of last year. Net profit for the period was INR 91.337 million or INR 14.22 per basic and diluted share against INR 125.505 million or INR 1.954 per basic and diluted share for the same period of last year. Net sales/income from operations (net of excise duty) were INR 2,820.009 million against INR 2,168.954 million for the same period of last year.