Steel Strips Wheels Ltd. (SSWL) reported a net turnover of ₹362.12 crore in September 2024, a decrease of 9.89% compared to ₹401.88 crore in September 2023. The company also saw a decline in gross turnover, amounting to ₹441.45 crore in September 2024 compared to ₹486.99 crore in September 2023, marking a 9.35% YoY drop.
Segment-Wise Performance:
- Passenger Car Sales: Grew by 11% YoY (by value).
- Tractor Sales: Increased by 20% YoY (by volume).
- Overall Exports: Declined by 8% YoY.
Despite some growth in individual segments, SSWL faced an overall dip in sales and turnover during the month.
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