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Latest news about SML Isuzu

SML Isuzu's Rs 5,830 TDS Demand Nullified by Income Tax Department 10 days ago

SML Isuzu Limited received a favorable order from the Income Tax Department's Centralized Processing Cell (CPC), nullifying a previous tax demand of Rs 5,830.00. The order, issued on August 8 by the Assistant Commissioner of Income Tax (CPC)-TDS, was based on a revised TDS return filed by the company for the first quarter. This nullification addresses a short deduction of tax issue that had been under scrutiny. SML Isuzu promptly disclosed this development to the stock exchanges in compliance with SEBI regulations.

Mahindra & Mahindra Acquires Controlling Stake in SML Isuzu, Reshaping Commercial Vehicle Landscape Aug 04, 2025

SML Isuzu Announces Major Leadership Changes and Appoints New Statutory Auditors Aug 02, 2025

SML Isuzu Undergoes Major Ownership Shift as Sales Show Strong Growth Aug 02, 2025

Mahindra & Mahindra Acquires Majority Stake in SML Isuzu, Reshapes Board Aug 01, 2025

More news about SML Isuzu

01Aug 25

SML Isuzu Reports 18.6% Growth in July Sales, Driven by Strong Cargo Vehicle Demand

SML Isuzu Limited achieved total sales of 1,427 units in July, an 18.6% increase from 1,203 units in the previous year. Cargo vehicle sales surged by 53.2% to 449 units, while passenger vehicle sales grew by 7.5% to 978 units. The company's year-to-date performance (April-July) shows a 13.8% increase in total sales, with cargo vehicles growing by 48.1% and passenger vehicles by 4.7%.

01Aug 25

SML Isuzu Reports 18.6% Growth in July Sales, Driven by Strong Cargo Vehicle Demand

SML Isuzu's vehicle sales in July increased by 18.6% year-over-year, reaching 1,427 units compared to 1,203 units in the previous year. The cargo vehicle segment led the growth with a 53.2% increase, selling 449 units. Passenger vehicle sales also rose by 7.5% to 978 units. The company's year-to-date sales for the April-July period showed a 13.8% increase, totaling 6,353 units.

01Aug 25

SML Isuzu Reports 18.6% Growth in July Sales, Driven by Strong Cargo Vehicle Demand

SML Isuzu Limited announced total vehicle sales of 1,427 units in July, an 18.6% increase from the previous year. Cargo vehicle sales surged by 53.2% to 449 units, while passenger vehicle sales grew by 7.5% to 978 units. The company's year-to-date performance for the current fiscal year shows a 13.8% increase in total sales, with cargo vehicles leading the growth at 48.1%.

30Jul 25

SML Isuzu Amends Agreements with Sumitomo, Isuzu, and M&M: Key Changes in Delivery Schedule and Management Appointments

SML Isuzu Limited has announced significant amendments to its agreements with Sumitomo Corporation, Isuzu Motors Limited, and Mahindra & Mahindra (M&M). Key changes include a revised delivery schedule for parts from Sumitomo, modification of M&M's nominee appointment from 'Managing Director' to 'Key Managerial Personnel', and enhanced procedural flexibility in corporate governance. Sumitomo holds 43.96% stake, Isuzu Motors 15%, while M&M currently holds no equity in SML Isuzu.

29Jul 25

SML Isuzu Amends Share Purchase Agreements with Key Stakeholders

SML Isuzu Limited has modified its share purchase agreements with Sumitomo Corporation, Mahindra & Mahindra Limited (M&M), and Isuzu Motors Limited on July 29, 2025. Key changes include revised delivery schedules for parts from Sumitomo, flexibility in appointing M&M's nominee as a 'Key Managerial Personnel' instead of 'Managing Director', and streamlined processes for passing board and shareholder resolutions. Sumitomo Corporation owns 43.96% of SML Isuzu, Isuzu Motors Limited holds 15%, while M&M currently has no ownership.

22Jul 25

SML Isuzu Reports Strong Q1 Results; Mahindra & Mahindra Acquisition in Progress

SML Isuzu Limited reported robust Q1 FY2025-26 results with revenue increasing by 13.39% to Rs. 845.89 crores and net profit surging by 44.34% to Rs. 66.96 crores year-over-year. Earnings per share rose to Rs. 46.27, up 44.32%. Mahindra & Mahindra is set to acquire a significant stake in the company, with agreements to purchase 58.96% of equity shares and an open offer for an additional 26% at Rs. 1,554.60 per share.

30May 25

SML ISUZU Reports Strong Q4 Performance with Revenue and EBITDA Growth

SML ISUZU's Q4 financial results show significant growth. Revenue increased by 13.24% to ₹7.70 billion. EBITDA rose by 26.97% to ₹904.00 million, with EBITDA margin expanding to 11.74%. Net profit slightly increased to ₹530.00 million. The company demonstrated improved operational efficiency and strong demand for its products in the commercial vehicle sector.

02May 25

SML Isuzu Reports Robust 43% Growth in April 2025 Sales

SML Isuzu achieved total sales of 1,512 units in April 2025, a 43.20% increase from 1,056 units in April 2024. Cargo vehicle sales grew by 77.63% to 389 units, while passenger vehicle sales increased by 34.17% to 1,123 units. The company's strong performance indicates robust demand in the commercial vehicle sector.

01May 25

SML ISUZU Reports Robust 43% Growth in April Sales

SML ISUZU, a commercial vehicle manufacturer, reported a significant 43.18% year-over-year increase in total sales for April 2025, reaching 1,512 units. Cargo vehicle sales rose by 77.62% to 389 units, while passenger vehicle sales grew by 34.17% to 1,123 units. This strong performance across both segments indicates robust market demand and potential economic recovery in the commercial vehicle sector.

16Apr 25

SML ISUZU Welcomes New Leadership: Yasushi Nishikawa to Take Helm as Managing Director and CEO

SML ISUZU Limited has announced a significant leadership change. Yasushi Nishikawa will become the new Managing Director and CEO, effective April 17, 2025, replacing current MD & CEO Junya Yamanishi. The transition complies with SEBI regulations, ensuring transparency for shareholders and the market.

01Apr 25

SML ISUZU Reports Strong Sales Growth in March 2025

SML ISUZU announced total sales of 2,315 units in March 2025, a 23.90% increase from March 2024. Passenger vehicle sales jumped 35.60% to 1,721 units, while cargo vehicle sales slightly decreased by 0.80% to 594 units. For the fiscal year 2024-25, overall sales grew 3.10% to 14,221 units, with passenger vehicles up 5.60% and cargo vehicles down 2.50%.

26Mar 25

Ashok Leyland Refutes Acquisition Reports, SML Isuzu Announces Trading Window Closure

Ashok Leyland has firmly denied reports of acquiring the promoter's stake in SML Isuzu, calling these acquisition reports factually incorrect. Separately, SML Isuzu announced the closure of its trading window for designated persons from March 26, 2025, until further notice, in preparation for the declaration of Audited Financial Results for Q4 and FY ending March 31, 2025.

26Mar 25

Ashok Leyland Eyes Majority Stake in SML Isuzu, Shaking Up Commercial Vehicle Sector

Ashok Leyland is reportedly considering acquiring a majority stake in SML Isuzu, potentially reshaping India's commercial vehicle industry. This move could strengthen Ashok Leyland's position in light and medium commercial vehicle segments. SML Isuzu has announced the closure of its trading window from March 26, 2025, in preparation for the declaration of Audited Financial Results for Q4 and FY ending March 31, 2025.

24Mar 25

Mahindra & Mahindra Eyes Promoter Stake in SML Isuzu, Signaling Potential Industry Shake-up

Mahindra & Mahindra (M&M) is reportedly considering acquiring the promoter stake in SML Isuzu, a commercial vehicle manufacturer. This potential move could expand M&M's presence in the commercial vehicle segment and create synergies between the two companies. The news, reported by CNBC Awaaz, has not been officially confirmed by either company. If materialized, this acquisition could signal industry consolidation and potentially reshape the Indian automotive landscape.

12Mar 25

SML ISUZU Secures ₹24.71 Crore Order for BS VI Troop Carriers from Indian Air Force

SML ISUZU Limited has won a ₹24.71 crore order from the Indian Air Force for 114 BS VI compliant, 4-wheel drive troop carriers. The order, secured through a GeM tender, requires delivery between March and July 2025. This marks SML ISUZU's expansion into the defense sector, showcasing its ability to meet stringent military requirements while adhering to environmental standards.

02Mar 25

SML ISUZU Reports 27.5% Surge in February Sales, Driven by Strong Passenger Vehicle Demand

SML ISUZU's February 2025 sales jumped 27.5% year-over-year to 1,288 units. Passenger vehicles led with 820 units sold, a 35.8% increase, while cargo vehicles grew 15.3% to 468 units. Despite this strong monthly performance, year-to-date sales (April 2024 to February 2025) showed a marginal 0.2% decline compared to the previous year.