Steel Strips Wheels (SSWL) has reported total wheel rim sales of 12.83 lakh in February 2019 against 13.03 lakh in February 2018 representing de-growth of 1% Y-o-Y.
The company has achieved gross turnover of Rs 177.94 crore in February 2019 against Rs 193.69 crore in February 2018, there by recording a growth of 8.13% and achieved Net turnover of Rs 144.38 crore in February 2018 against Rs 150.03 crore in February 2018, recording a growth of 4%.
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.