MoneyWorks4Me

SSWL reports 10% fall in net turnover in September 2024

01 Oct 2024 Evaluate

Steel Strips Wheels (SSWL) has achieved monthly net turnover of Rs 362.12 crore in September 2024 vs Rs 401.88 crore in September 2023, recording a decline of 9.89% YOY and achieved gross turnover of Rs 441.45 crore in September 2024 vs Rs 486.99 crore in September 2023, thereby recording a decline of 9.35% 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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