Steel Strips Wheels (SSWL) has reported 12% growth in its total wheel rim sales to Rs 11.25 lakh as compared to 10.05 lakh in September 2013. In terms of value, the company has achieved gross turnover of Rs 116.26 crore in September 2014 as compared to Rs 97.94 crore in September 2013, recorded a growth of 18.70% and achieved a Net turnover of Rs 104.79 crore in September 2014 as against Rs 89.20 crore in September 2013, recorded a growth of 17.50%. However, the export volumes declined by 20% to 1.19 lakh in September 2014 as against 1.49 lakh in September 2013.
In segment growth, the company’s Passenger car segment grew by 26% in September 2014 year on year (YoY), while 2 & 3 Wheeler segment volumes grew by 4% in September 2014 YoY. Furthermore, the company’s LCV & MHCV segment volumes grew by 101% YoY in September 2014 on the back of all round growth among customers. However, the company’s Tractor segment volumes dropped by 3% in September 2014 YoY.
| Company Name | CMP |
|---|---|
| SamvardhanaMotherson | 125.00 |
| Tube Investments | 2789.65 |
| Bosch | 37505.60 |
| UNO Minda | 1097.30 |
| CIE Automotive India | 490.15 |
| View more.. | |
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