Steel Strips Wheels (SSWL) has achieved total wheel rim sales of 6.46 lakh in June 2020 as against 11.28 lakh in June 2019 representing de-growth of 43% Y-o-Y. The company has achieved gross turnover of Rs 97.59 crore in June 2020 as against 168.34 crore in June 2019, there by recording a de-growth of 42% and achieved Net turnover of Rs 82.76 crore in June 2020 as against Rs 139.54 crore in June 2019, recording a de-growth of 41%.
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.
