SML ISUZU LIMITED was incorporated as Swaraj Vehicles Ltd in 1983 and was promoted by Punjab Tractors Ltd with technical collaboration Mazda Motor Corporation, Japan, and Sumitomo Corporation, Japan. In 2004, the technical collaboration agreement with Mazda expired 2004 and sold its entire stake to Sumitomo Corporation and in the same time, it signed a technical assistance agreement with Isuzu Motors. In 2011, it was renamed as SML ISUZU and Sumitomo Corporation(Japan) and Isuzu Motors(Japan) own 44% and 15% stake, respectively
Financial Results:
SML ISUZU Ltd reported Revenues for Q1FY24 of ₹632.00 Crores up from ₹500.00 Crore year on year, a rise of 26.4%.
Total Expenses for Q1FY24 of ₹602.00 Crores up from ₹499.00 Crores year on year, a rise of 20.64%.
Consolidated Net Profit of ₹32.00 Crores up 1500.0% from ₹2.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹21.97, up 1,256.17% from ₹1.62 in the same quarter of the previous year.
*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.
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