Steel Strips Wheels (SSWL) has reported total wheel rim sales of 10.80 lakh in March 2019 against 13.23 lakh in March 2018 representing de-growth of 18% Y-o-Y.
The company has achieved gross turnover of Rs 187.18 crore in March 2019 against Rs 218.63 crore in March 2018, there by recording a de-growth of 14% and achieved Net turnover of Rs 151.59 crore in March 2019 against Rs 169.05 crore in March 2018, recording a de-growth 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.
