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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.
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