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Steel Strips Wheels achieves 16.75% growth in net turnover in November 2022

01 Dec 2022 Evaluate

Steel Strips Wheels (SSWL) has achieved Net turnover of Rs 340.84 crore in November 2022 as compared to Rs 291.93 crore in November 2021 recording a growth of 16.75% year- on-year (YoY) and achieved gross turnover of Rs 422.40 crore in November 2022 as against Rs 343.51 crore in November 2021, there by recording a growth of 22.96% YoY. Earlier, the company had achieved net turnover of Rs 334.42 crore in October 2022 as against Rs 300.58 crore in October 2021.

SSWL 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 160.45
Tube Investments 2185.35
Bosch 44877.25
UNO Minda 1115.25
Bombay Burmah Trdg. 1232.25
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