Records highest ever monthly sales turnover and volume
Steel Strips Wheels announced that in July 2015, the Company achieved its highest ever monthly volume sales and turnover. Total wheel rim sales in numbers stood at 11.63 lakh compared to 11.02 lakh in July 2015, representing a growth of 5.6%.In terms of value, the Company has achieved highest gross turnover of Rs 122.27 crore in July 2015, recording a growth of 5.85% over July 2014. It has achieved highest net turnover of Rs 110.05 crore in July 2015 compared to 104.29 crore in July 2014, recording a growth of 5.5%.
Segment-wise, the Company recorded growth in sales of passenger car and truck segment at 19% and 21% respectively. Sales in tractor segment declined 10%.
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