Automobile Corporation of Goa is in advanced stage of talks with prospective overseas customers for bagging orders for its pressing division.

In a release, Mr V. Krishnamurthi, Managing Director, Automobile Corporation of Goa, said the company has a healthy order book position and has ambitious expansion plans at all its divisions, which include the pressing division.

At the end of first-nine months of the financial year 2010-11, the company's turnover touched Rs 82 crore compared with Rs 78 crore in the same period last year. Profit before tax was Rs 7.52 crore against Rs 2.67 crore clocked in the same period last year.

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