Steel Strips Wheels achieves 13% growth in September sales volume

Steel Strips Wheels achieved total wheel rim sales of 14.59 lakh Vs 12.92 lakh in September 2018 representing a growth of 13% YoY. The growth in September was contributed by all around the segment and the company expect the trend to be robust going ahead in H2 of FY 18-19.

In terms of value, the company has achieved gross turnover of Rs 234.48 crore in September 2018 Vs 153.22 crore in September 2017, there by recording a growth of 53% and achieved Net turnover of Rs.191.78 crore in September 2018 Vs Rs.123.82 crore in September 2017, recording a growth of 55%.

 

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