Steel Strips Wheels records 17% growth in wheel rim sales

Net turnover rises 43%

Steel Strips Wheels has achieved highest ever sales in January 2021. The company sold 15.78 lakh wheel rims in January 2021 compared to 13.45 lakh in January 2020, recording a growth of 17%.

The company achieved gross turnover of Rs 253.50 crore, higher by 40% while net turnover rose 43% to 210.19 crore in January 2021.

Export segment achieved highest ever sales in January 2021 with 89% growth.

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