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SSWL achieves 45% growth in net turnover in January

01 Feb 2022 Evaluate

Steel Strips Wheels (SSWL) has achieved Net turnover of Rs 305.57 crore in January 2022 as against Rs. 210.19 crore in January 2021, recording a growth of 44.72% YOY and achieved Gross turnover of Rs 377.83 crore in January 2022 as against 253.50 crore in January 2021, there by recording a growth of 47.35% YOY.

SSWL is a part of the Steel Strips Group, headquartered in Chandigarh. It is engaged in the manufacturing of single piece steel wheel rims 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.

Peers
Company Name CMP
SamvardhanaMotherson 165.60
Tube Investments 2519.15
Bosch 48100.00
UNO Minda 1218.00
Bombay Burmah Trdg. 1435.30
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