Steel Strips Wheels (SSWL) has achieved wheel rim sales of 10.22 lakh in May 2021 Vs 14.77 lakh in April 2021, representing a decrease of 30.82% MOM & YOY increase of 256%.
The company has achieved Net turnover of Rs 165.68 crore in May 2021 vs Rs. 235.28 crore in April 2021, thereby recording decrease of 29.58% MOM & achieved gross turnover of Rs 190.69 crore in May 2021 vs Rs 284.34 crore in April 2021 there by recording a decrease of 32.94% MOM, The net sales turnover and Gross Sales turnover grew by 387.99% & 388.89% YOY respectively.
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.
