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SSWL reports marginal fall in net turnover in July 2023

01 Aug 2023 Evaluate

Steel Strips Wheels (SSWL) has achieved net turnover of Rs 357.09 crore in July 2023 against Rs 363.03 crore in July 2022, recording a decline of 1.64% year-on-year (YOY) amid low tractor & 2-3 wheelers sales in July 2023.  The company has achieved Gross turnover of Rs 434.35 crore in July 2023 against Rs 446.11 crore in July 2022, thereby recording a decline of 2.64% 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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