SML Isuzu Q2 Review - Weak Performance Continues: Dolat Capital

SML Isuzu Q2 Review - Weak Performance Continues: Dolat Capital

Cabins for Isuzu NPR N-Series trucks stand on an assembly line in Kenya. (Photographer Luis Tato/Bloomberg)

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Dolat Capital Report

SML Isuzu Ltd. delivered a weak set of numbers in Q2 dampened by higher RM cost and adverse mix.

Ebitda loss stood at Rs 161million from Rs. 173 million in Q1 FY22 attributable to negative operating leverage and higher RM cost.

Revenue stood at Rs 2.3 billion (+133% quarter-on-quarter) attributed to 127% quarter-on-quarter growth in volume (1847 units), and 2.3% quarter-on-quarter increase in net.

Click on the attachment to read the full report:

Dolat Capital SML Isuzu Q2FY22 Result Update.pdf
Read Document

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

lock-gif
To continue reading this story
Subscribe to unlock & enjoy all Members-only benefits
Still Not convinced ?  Know More
Get live Stock market updates, Business news, Today’s latest news, Trending stories, and Videos on NDTV Profit.
GET REGULAR UPDATES