Monthly Update1 Feb 2024, 03:38 pm
SSWL Reports Record Sales in January 2024
AI Summary
Steel Strips Wheels Ltd. (SSWL) has achieved a growth of 10.00% YOY in net turnover and 9.08% YOY in gross turnover for the month of January 2024, with highest ever monthly sales in the Allo Wheels segment. The company's net turnover stood at Rs. 380.47 Crs and gross turnover at Rs. 468.59 Crs. Segment-wise breakup of growth includes a 23% YOY increase in passenger car - alloy, 17% YOY increase in exports, and a 7% YOY increase in tractor sales.,
Key Highlights
- Record sales in January 2024 with highest ever monthly sales in Allo Wheels segment
- 10.00% YOY growth in net turnover and 9.08% YOY growth in gross turnover
- Segment-wise breakup of growth includes 23% YOY increase in passenger car - alloy, 17% YOY increase in exports, and 7% YOY increase in tractor sales