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Steel Strips Wheels achieves 8% growth in total wheel rim sales

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Capital Market
Last Updated : Jan 01 2018 | 4:31 PM IST

In December 2017

Steel Strips Wheels has clocked growth of 8% achieving total wheel rim sales of 10.98 lakh in December 2017 compared to 10.18 lakhs in December 2016. The volumes of truck segment helped post healthy revenue growth for the company. In terms of value, the Company posted 44% growth in gross turnover at Rs 158.73 crore and a growth of 29% in net turnover at Rs 127.32 crore in December 2017 over December 2016.

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First Published: Jan 01 2018 | 4:12 PM IST

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