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

SSWL reports 8.4% growth in total wheel rim sales in July (01-Aug-2016)

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.


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