Breaking News

You are here » Indian-Commodity  :  Corporate  :  SSWL reports 8.4% growth in total wheel rim sales in July

01-Aug2016

SSWL reports 8.4% growth in total wheel rim sales in July

Steel Strips Wheels (SSWL) has reported 8.4% growth in its total wheel rim sales to 12.63 lakh in July 2016 as compared to 11.65 lakh in July 2015. In terms of Value. The company's gross turnover was of Rs 114.41 crore in July 2016, as compared to Rs 122.27 crore in July 2015, recording a fall of 6% and achieved a Net turnover of Rs 103.12 crore in July 2016 as against Rs 110.05 crore in July 2015, recording a fall of 6%. .

SSWL is a part of the Steel Strips Group, headquartered in Chandigarh. It is engaged in the manufacturing of single piece steel wheel rims in the range of 10 to 30 inches for scooters, passenger cars, utility vehicles and tractors. It supplies rims to almost all major manufacturers of two wheelers, three wheelers, four wheelers, tractors and heavy commercial vehicle.


Related News

View all news

Monnet Ispat and Energy's net loss widens to Rs 2,860 crore in Q2

Monnet Ispat and Energy has reported results for second quarter ended September 30, 2018.The company has reported net loss of Rs 2,859.56 crore for the quarter under review as compared to the net loss......

Trident reports 25% revenue growth in textile segment

Trident has reported 24.6% Y-o-Y revenue growth in textile segment at Rs 1143.3 crore in Q2 FY19 as against Rs 917.2 crore in Q2 FY 18), while Paper & Chemicals segment revenue stood at Rs 248.4......

Delta Corp reports 11% rise in Q2 consolidated net profit

Delta Corp has reported results for second quarter ended September 30, 2018.The company has reported over 2-fold jump in its net profit at Rs 63.51 crore for the quarter under review as compared to Rs......

Top News

View all news

Shalimar Paints lays down foundation of Nashik manufacturing plant

Shalimar Paints has laid down the foundation of a manufacturing unit to be rebuilt in Nashik, in the state of Maharashtra. The company set to commence operations by April 2019 with a planned production......

Delta Corp reports 11% rise in Q2 consolidated net profit

Delta Corp has reported results for second quarter ended September 30, 2018.The company has reported over 2-fold jump in its net profit at Rs 63.51 crore for the quarter under review as compared to Rs......

PNB plans to sell non-core assets worth Rs 8,600 crore during FY19

Punjab National Bank (PNB) has recognized various assets, including its housing finance arm, for sale and hopes to realise Rs 8,600 crore from these non-core assets during the current fiscal. Meanwhile,......