SML Isuzu's vehicle sales surge 24% in March, shares rise 7%

Commercial vehicle maker SML Isuzu reported total sales of 2,315 units in March 2025, marking a rise of nearly 24 percent from the same period last year. The company had sold 1,868 units in March 2024. The shares of the company strongly surged by nearly 7 percent after the total sales figures impressed markets.

The rise in the total sales was driven by the strong growth in passenger vehicle sales. SML Isuzu sold 1,721 passenger vehicles in March 2025, marking a rise of nearly 36 percent from the 1,269 units sold in March 2024.

The company, however, saw a marginal decline in the sale of cargo vehicles, which declined 0.8 percent to 594 units in March 2025 from 599 units in March 2024.

SML Isuzu overall sold 14,221 units in the financial year 2024-2025, over 3 percent higher than the 13,797 units sold in the previous financial year. Passenger vehicle sales jumped 5.6 percent during the period, while cargo vehicle sales declined 2.5 percent.