SML Isuzu reported its sales performance for November 2024 under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements, 2015. The company recorded a decline in monthly sales compared to the same period last year, although year-to-date sales from April to November show a modest growth.
November 2024 Sales Performance:
- Cargo Vehicles: 235 units sold, down 21.7% from 300 units in November 2023.
- Passenger Vehicles: 304 units sold, down 12.4% from 347 units in the same month last year.
- Total Sales: 539 units, reflecting a 16.7% decline compared to 647 units in November 2023.
April-November 2024 Cumulative Performance:
- Cargo Vehicles: 2,508 units sold, up 1.9% compared to 2,461 units in the previous year.
- Passenger Vehicles: 6,459 units sold, a 4.3% increase from 6,192 units in the same period last year.
- Total Sales: 8,967 units, representing a 3.6% growth from 8,653 units during April-November 2023.
While the company faced challenges in November sales, the cumulative year-to-date figures indicate positive momentum, driven by improved performance in the passenger vehicle and cargo segments over the extended period.
