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Steel Strips Wheels announces sales performance

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Capital Market

For month of November 2017

Steel Strips Wheels has achieved total wheel rim sales of 12.92 lakh in November 2017 compared to 11.99 lakh in November 2016, representing a growth of 8% YoY. In terms of value, the gross turnover rose 34% to 172.75 crore in November 2017 over November 2016. Net turnover rose 20% to Rs 138.85 crore in November 2017 over November 2016. The volume of truck segment helped post healthy revenue growth for the Company.

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First Published: Dec 04 2017 | 11:26 AM IST

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