STOCKWATCH
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Auto Components & Equipments
Monthly Update1 Jan 2025, 05:58 pm

STEEL STRIPS WHEELS LTD. Reports 9.81% YoY Growth in Net Turnover for December 2024

AI Summary

STEEL STRIPS WHEELS LTD. (SSWL) has reported a net turnover of Rs. 364.74 Crores in December 2024, a significant growth of 9.81% YOY compared to Rs. 332.15 Crores in December 2023. The company also achieved a gross turnover of Rs. 444.81 Crores in December 2024, a 10.19% YOY growth from Rs. 403.69 Crores in December 2023. The segment-wise growth (by value) for December 2024 YOY includes Tractor at 57%, Passenger Car - Alloy at 17%, Passenger Car - Steel at 7%, Truck at 28%, and 3 Wheeler Exports at 28%. The overall segment-wise growth (by volume, domestic + exports) for December 2024 YOY is also noteworthy.

Key Highlights

  • 9.81% YoY growth in net turnover for December 2024
  • 10.19% YoY growth in gross turnover for December 2024
  • Segment-wise growth (by value) for December 2024 YOY: Tractor 57%, Passenger Car - Alloy 17%, Passenger Car - Steel 7%, Truck 28%, and 3 Wheeler Exports 28%
SSWL
Auto Components & Equipments
STEEL STRIPS WHEELS LTD.-$

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