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SSWL reports 7.34% fall in net turnover in March 2024

01 Apr 2024 Evaluate

Steel Strips Wheels (SSWL) has achieved net turnover of Rs 340.72 crore in March 2024 as against Rs 367.69 crore in March 2023, recording a decline of 7.34% year-on-year (YoY) and achieved gross turnover of Rs 415.05 crore in March 2024 as against Rs 454.52 crore in March 2023, there by recording a decline of 8.68% 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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