Steel Strips Wheels (SSWL) has achieved net turnover of Rs 350.40 crore in February 2023 as compared to Rs 317.72 crore in February 2022, recording a growth of 10.29% year-on-year (Y-o-Y) and achieved Gross turnover of Rs 432.21 crore in February 2023 as against Rs 390.97 crore in February 2022, thereby recording a growth of 10.54% Y-o-Y. However, the company’s exports declined 26% in February 2023 on Y-o-Y basis.
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.
