MoneyWorks4Me

SSWL reports 10% growth in net turnover in May

01 Jun 2023 Evaluate

Steel Strips Wheels (SSWL) has achieved Net turnover of Rs 357.27 crore in May 2023 vs Rs 325.26 crore in May 2022, recording a growth of 9.84% YOY and achieved Gross turnover of Rs 433.30 crore in May 2023 vs Rs 401.07 crore, there by recording a growth of 8% YOY. 

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 165.60
Tube Investments 2519.15
Bosch 48100.00
UNO Minda 1218.00
Bombay Burmah Trdg. 1435.30
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