Steel Strips Wheels (SSWL) has registered a growth of 13.60% in gross sale by achieving gross sale of Rs 9,697 lakh in May, 2012 as against 8,536 lakh in May, 2011. The net sales of the company have also increased to Rs 8,782 lakh in May, 2012 from Rs 7,872 lakh in May, 2011, recording a growth of 11.56%. The company has achieved highest ever monthly sales in May, 2012.
In terms of number of wheel rims, the company sold 9.56 lakh steel wheel rims during May, 2012 as against 9.03 lakh in May, 2011. Further, the company has also achieved the export sales of 150,434 wheel rims during the month of May, 2012 as against 132,165 wheel rims during the month of May, 2011 and recorded a growth of 13.82%.
The company 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.
| Company Name | CMP |
|---|---|
| SamvardhanaMotherson | 125.00 |
| Tube Investments | 2789.65 |
| Bosch | 37505.60 |
| UNO Minda | 1097.30 |
| CIE Automotive India | 490.15 |
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