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SML Isuzu drops on positng weak August sales numbers

SML Isuzu has dipped nearly 2% after its sales declined 19.35% to 642 vehicles in August 2014 over August 2013.

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SI Reporter Mumbai
Last Updated : Sep 04 2014 | 12:34 PM IST
SML Isuzu has dipped nearly 2% to Rs 788 on the BSE after the company's sales declined 19.35% to 642 vehicles in August 2014 as compared to 796 vehicles in August 2013.
 
However, SML Isuzu's net profit rose 129% to Rs 23 crore on 19% rise in sales to Rs 336 crore in Q1 June 2014 over the corresponding period last year.
 
SML Isuzu is a commercial vehicle manufacturer. It has over 25 years of experience in producing Light & Medium commercial vehicles.
 
Shares of SML Isuzu opened at Rs 799, touched a high of Rs 820 and a low of Rs 765 on the BSE. A total of 12,276 shares have exchanged hands on the BSE so far.

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First Published: Sep 04 2014 | 12:32 PM IST

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