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Steel Strips Wheels records 23% growth in June sales

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Capital Market
Last Updated : Jul 03 2018 | 11:04 AM IST
Steel Strips Wheels has achieved total wheel rim sales of 12.66 lakh in June 2018 Vs 10.29 lakh in June 2017 representing a growth of 23% YoY. The growth in June was all around segments and we expect this to continue going ahead with firm schedule indication 15% plus volume growth.

In terms of Value, the company has achieved gross turnover of Rs 197.60 crore in June 2018 Vs 112.45 crore in June 2017, there by recording a growth of 76% and achieved Net turnover of Rs.155.96 crore in June 2018 Vs Rs.100.43 crore in June 2017, recording a growth of 55%.

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First Published: Jul 03 2018 | 10:35 AM IST

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