Records total wheel rim sales of 10.91 lakh
Steel Strips Wheels announced that in September 2015, total wheel rim sales stood at 10.91 lakh compared to 11.27 lakh in September 2014, registering a decline of 3%.The second quarter volume by the Company is 33.68 lakh and was the best quarter in the history of the Company volume as well as profitability front due to the extremely favourable product mix.
In terms of value, the Company achieved second highest gross turnover of Rs 117.13 crore in September 2015 compared to Rs 116.26 crore in September 2014, registering a growth of 1%. The Company achieved net turnover of Rs 105.26 crore in September 2015 compared to Rs 104.79 crore in September 2014, registering a growth of 1%.
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