Steel Strips Wheels records 23% growth in June sales
Capital MarketSteel 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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