Steel Strips Wheels (SSWL) confirms export orders of nearly 23,000 wheels for EU trailer market, to be executed in the month of December from its Chennai plant.
The company expects continued acceleration in exports.
The company has achieved gross turnover of Rs 214.64 cr in October 2020 V/s Rs 125.79 cr in October 2019, recording a growth of 70 %.
It achieved net turnover of Rs 175.29 cr in October 2020 V/s Rs 104 cr in October 2019, a growth of 68.5%.
SSWL achieved total wheel rim sales of 14.85 lakh in October 2020 V/s 10.55 lakh in October 2019 representing a growth of 41% YoY.
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