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SML Isuzu reports net profit of Rs 27 crore in Q4

29 May 2023 Evaluate

SML Isuzu has reported results for fourth quarter (Q4) and year ended March 31, 2023.

The company has reported net profit of Rs 26.79 crore for the quarter under review as against net loss of Rs 11.42 crore for the same quarter in the previous year. Total income of the company increased by 70.39% at Rs 584.86 crore for Q4FY23 as compared to Rs 343.25 crore for the corresponding quarter previous year.

For the year ended March 31, 2023, the company has reported a net profit of Rs 19.83 crore as against net loss of Rs 99.76 crore for the previous year. Total income of the company increased by 96.18% at Rs 1824.71 crore for year under review as compared to Rs 930.13 crore for year ended March 31, 2022.

Peers
Company Name CMP
Tata Motors 421.30
Ashok Leyland 148.95
Force Motors 17681.00
Olectra Greentech 1065.40
SML Mahindra 6123.40
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