Steel Strips Wheels achieves 34.63% growth in net turnover in June 2022
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Steel Strips Wheels (SSWL) has achieved net turnover of Rs 326.36 crore in June 2022 as against Rs 242.4 crore in June 2021, recording a growth of 34.63% year- on- year (YOY) and achieved Gross turnover of Rs 404.16 crore in June 2022 as compared to Rs 284.32 crore in June 2021, there by recording a growth of 42.15% YoY.
Earlier, in May 2022, the company had achieved Net turnover of Rs 325.26 crore and Gross turnover of Rs 401.07 crore.
SSWL is a part of the Steel Strips Group, headquartered in Chandigarh. It 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.
