Thursday , October 21 2021

SSWL achieves 24% revenue growth in November 2018

Steel Strips Wheels (SSWL) has achieved gross turnover of Rs 204.52 crore in November 2018 as against Rs 172.75 crore in November 2017, there by recording a growth of 18% and achieved Net turnover of Rs 172.52 crore in November 2018 as against Rs 138.85 crore in November 2017, recording a growth of 24%.

SSWL achieved total wheel rim sales of 12.78 lakh as against 12.96 lakh in November 2018 representing a fall of 1% Y-o-Y.

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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