Steel Strips Wheels (SSWL) has reported 7% rise in its total wheel rim sales to 12.92 lakh in September 2017, as compared to 12.09 lakh in September 2016.
In terms of value, the company has achieved gross turnover of Rs 153.22 crore in September 2017 compared to Rs 101.33 crore in September 2016, there by recording a growth of 51% and achieved net turnover of Rs 123.82 crore in September 2017 compared to Rs 91.25 crore in September 2016, recording a growth of 36%.
Steel Strips Wheels (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.
