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SML Isuzu’s net loss narrows to Rs 33 crore in Q1

05 Aug 2021 Evaluate

SML Isuzu has reported results for first quarter ended June 30, 2021.

The company has reported net loss of Rs 33.44 crore for the quarter under review as compared to net loss of Rs 52.26 crore for the same quarter in the previous year. However, total income of the company jumped by over 3-fold at Rs 100.32 crore for Q1FY22 as compared Rs 29.51 crore for the corresponding quarter previous year.

SML Isuzu manufactures a range of vehicles such as trucks, buses and ambulances. The company has launched products like 4WD, Samrat, Sartaj, Dual Cab, Supreme-8 tonner, Truck- Super 12, Super ALFD and many more.

Peers
Company Name CMP
Tata Motors 433.30
Ashok Leyland 169.15
Force Motors 19584.35
Olectra Greentech 1025.40
SML Mahindra 5187.60
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