SML Isuzu fell 1.01% to Rs 392.80 after the company's sales tumbled 41% to 360 units in September 2020 over September 2019.
Sequentially, however, total sales increased 12.50% in September 2020 from 320 units sold in August 2020.The company's sales declined 54% to 987 units in Q2 September 2020 over Q2 September 2019.
SML Isuzu reported a loss of Rs 52.26 crore in Q1 FY21 as compared to a net profit of Rs 16.66 crore in Q1 FY20. Net sales during the quarter declined 93.9% to Rs 28.74 crore.
SML Isuzu is engaged in the business of manufacture of commercial vehicles and spares. The firm produces light and medium commercial vehicles.
On a year-to-date (YTD) basis, the stock has declined 30.14% while the benchmark S&P BSE Sensex has lost 6.23% during the same period.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app