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SML Isuzu reports many fold jump in Q1 net profit

05 Aug 2023 Evaluate

SML Isuzu has reported results for first quarter ended June 30, 2023 (Q1FY24). 

The company has reported many fold jump in its net profit at Rs 31.79 crore for the quarter under review as compared to Rs 2.34 crore for the same quarter in the previous year. Total income of the company increased by 26.59% at Rs 633.81 crore for Q1FY24 as compared Rs 500.66 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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