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Steel Strip Wheels achieves 13.68 lakh total wheel rim sales in May

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Capital Market

Recording growth of 22%

Steel Strip Wheels has achieved total wheel rim sales of 13.68 lakh in May 2018 compared to 11.19 lakh in May 2017, representing a growth of 22% YoY. In terms of volume, the company achieved gross turnover of Rs 220.88 crore in May 2018 compared to Rs 107.75 crore in May 2017, thereby recording growth of 105%. The company has achieved net turnover of Rs 174.11 crore in May 2018 compared to Rs 94.49 crore in May 2017, recording a growth of 84%.

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First Published: Jun 01 2018 | 2:23 PM IST

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