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SML Isuzu reports 57% rise in Q4 net profit

24 May 2018 Evaluate

SML Isuzu has reported results for the fourth quarter and year ended March 31, 2018. 

The company has reported a rise of 56.53% in its net profit at Rs 14.87 crore for the quarter ended March 31, 2018 as compared to Rs 9.50 crore for the same quarter in the previous year. However, total income of the company decreased by 9.72% at Rs 369.86 crore for quarter under review as compared to Rs 409.68 crore for the quarter ended March 31, 2017.

For the year ended March 31, 2018, the company has posted a fall of 86.51% in its net profit at Rs 8.50 crore as compared to Rs 63.01 crore for the previous year. Total income of company decreased 22.57% at Rs 1,177.25 crore for year under review as compared to Rs 1,520.34 crore for the year ended March 31, 2017.

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