MoneyWorks4Me

SSWL reports 9% growth in net turnover in June

03 Jul 2023 Evaluate

Steel Strips Wheels (SSWL) has achieved net turnover of Rs 355.83 crore in June 2023 against Rs 326.36 crore in June 2022, recording a growth of 9.02% YOY. The company has achieved Gross turnover of Rs 429.26 crore in June 2023 against Rs 404.16 crore in June 2022, thereby recording a growth of 6.21% 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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