Steel Strips Wheels (SSWL) has reported 3.51% rise in its total wheel rim sales to 12.68 lakh in March 2017 as compared to 12.25 lakh in March 2016. In terms of Value, the company's gross turnover was Rs 143.45 crore in March 2017, as compared to Rs 127.48 crore in March 2016, recording a growth of 13% and achieved a Net turnover of Rs 126.55 crore in March 2017 as against Rs 115.08 crore in March 2016, recording a rise of 10%.
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.
