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Steel Strips Wheels announces sales performance

Capital Market 

For month of November 2017

has achieved total wheel rim sales of 12.92 lakh in November 2017 compared to 11.99 lakh in November 2016, representing a growth of 8% YoY. In terms of value, the gross turnover rose 34% to 172.75 crore in November 2017 over November 2016. Net turnover rose 20% to Rs 138.85 crore in November 2017 over November 2016. The volume of truck segment helped post healthy revenue growth for the Company.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, December 04 2017. 11:26 IST