Cargo and Passenger Vehicle Segments Witness Downturn
Mumbai, February 1, 2025 – SML Isuzu Limited (BSE: 505192, NSE: SMLISUZU) has disclosed its sales figures for January 2025 under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company reported a
22.3% year-over-year (YoY) decline in total vehicle sales for the month.
Sales Performance Overview
| Category | January 2024-25 | January 2023-24 | % Change | April-Jan 2024-25 | April-Jan 2023-24 | % Change |
|---|
| Cargo Vehicles | 383 | 434 | -11.8% | 3,153 | 3,320 | -5.0% |
| Passenger Vehicles | 642 | 886 | -27.5% | 7,465 | 7,599 | -1.8% |
| Total | 1,025 | 1,320 | -22.3% | 10,618 | 10,919 | -2.8% |
Key Highlights
- Cargo vehicle sales fell 11.8% YoY in January 2025, with 383 units sold compared to 434 units in January 2024.
- Passenger vehicle sales saw a steeper decline of 27.5%, dropping from 886 units last year to 642 units this year.
- Cumulative sales (April 2024 - January 2025) also showed a negative trend, with cargo vehicles declining by 5.0% and passenger vehicles decreasing by 1.8%, leading to an overall 2.8% drop.
Market Implications
The downturn in sales can be attributed to various industry challenges, including
macro-economic factors, supply chain constraints, and fluctuating demand in the commercial vehicle segment. The decline in passenger vehicle sales suggests
weaker demand in the institutional and transportation sectors.
Company’s Outlook
SML Isuzu has not provided an official statement regarding corrective measures, but the company may look at
introducing new models, offering incentives, or expanding its market reach to counter the declining sales figures.
Investor Takeaway
With sales declining significantly in January, investor sentiment may be impacted. The market will be closely watching
the company’s future strategies and potential recovery in the coming months.