SML Isuzu Q1FY24 Results: Consolidated PAT of Rs. 31.79 Cr

SML ISUZU records 16% YoY sales surge in September 2023

SML Isuzu Q1 results show revenue up from 584.86 crores to 633.81 crores, an 8.37% increase in growth. EPS rise from ₹18.52 to ₹21.97, up by 18.63%.

First, Let’s Begin with Quarter-on-Quarter Basis:

SML Isuzu shared its Q1 results on Friday. They earned 633.81 crores in revenue this quarter, but that’s more than the 584.86 crores they made last quarter. The company’s growth increased by 8.37 percent when comparing the two quarters.

In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 31.79 crores, up from 26.79 crores in the previous quarter. Their quarter-to-quarter growth increased by 18.66 percent.

The company’s EPS (Earnings Per Share) this quarter is ₹21.97, which is an increase of 18.63% from the ₹18.52 EPS in the previous quarter.

Now, Let’s Analyze the Results on a Year-over-Year Basis:

The company made a total revenue of 633.81 crores this year (2023), which is 26.59 percent higher than last year’s total revenue of 500.66 crores.

This year’s PAT (Profit After Tax) is 31.79 crores, which is also 1,258.55% higher than last year’s PAT of 2.34 crores.

The EPS (Earnings Per Share) for this year is ₹21.97, which is 1,256.17% more than the EPS of ₹1.62 earned last year.

Also Read: JK Tyre Q1FY24 Results: Consolidated PAT Rises to Rs. 153.87 Cr

SML Isuzu Share Dividend Announcement / Record Date:

The record date for the dividend has not arrived yet.

About SML Isuzu:

SML Isuzu Limited, founded in 1983, is a renowned manufacturer of commercial vehicles. The company is engaged in the production and sale of buses, ambulances, and customized vehicles. Sumitomo Corporation and Isuzu Motors hold a 44% and 15% stake in the company, respectively.

Download the Full PDF of SML Isuzu Q1 Results: Click Here

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