Steel Strip Wheels has achieved gross turnover of Rs 162.77 crore in July 2019 compared to 185.07 crore in July 2018, there by recording a decline of 12% and achieved Net turnover of Rs.134.75 crore in July 2019 compared to Rs.152.79 crore in July 2018, recording a decline of 12%.
The Chennai car Plant achieved highest production and sale in July 2019 with capacity utilization of 95% and the company expect to hit 100% utilization from August onwards on very strong exports demand for US and EU customers.
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