SML Isuzu advanced 3.48% to Rs 663.70 after the company's total sales grew 17% to 603 units in November 2021 as compared with 516 units sold in November 2020.
On a sequential basis, total sales skid 18.84% from 743 units sold in October 2021.
The company sold 461 units of cargo vehicles in November 2021 as against 408 units in November 2020, registering a growth of 13% year-on-year (Y-o-Y). Similarly, passenger vehicle sales soared 31% to 142 units in November 2021 over 108 units sold in November 2020.
The company recorded a net loss of Rs 29.11 crore in Q2 FY22 as against Rs 34.72 crore posted in Q2 FY21. Net sales surged 93.2% to Rs 232.70 crore in Q2 FY22 over Rs 120.45 crore in Q2 FY21.
SML Isuzu is engaged in the business of manufacture of commercial vehicles and spares. The firm produces light and medium commercial vehicles.
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