Steel Strips Wheels (SSWL) has reported total wheel rim sales of 11.99 lakh in April 2019 against 12.82 lakh in April 2018 representing de-growth of 7% Y-o-Y.
The company has achieved gross turnover of Rs 197.22 crore in April 2019 against Rs 211.79 crore in April 2018, there by recording a de-growth of 7% and achieved Net turnover of Rs 161.07 crore in April 2019 against Rs 158.81 crore in April 2018, recording a de-growth of 1%.
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.