SML Isuzu reports 8% YoY decline in Oct'24 sales

Image
Last Updated : Nov 02 2024 | 3:04 PM IST

The vehicle manufacturer said that it has sold 801 units in October 2024, registering de-growth of 8.2% from 873 units sold in the same period last year.

Cargo vehicles sales decreased by 4.1% to 394 units in October 2024 as against 411 units sold in October 2023.

The company has sold 407 units of passenger vehicles, down 11.9% year on year in October 2024.

For the period April to October 2024, the company's total sales aggregated to 8,428 units, registering a growth of 5.3% from 8,006 units sold in the same period a year ago.

SML Isuzu is primarily engaged in the business of manufacture and sale of commercial vehicles and their parts.

The company had reported 45.93% rise in net profit to Rs 46.39 crore on a 18.13% increase in sales to Rs 746.10 crore in Q1 FY25 over Q1 FY24.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Nov 02 2024 | 2:56 PM IST

Next Story