Posts 32% growth in turnover in August 2017
Steel Strips Wheels has achieved total wheel rim sales of 12.38 lakh in August 2017 compared to 12.93 lakh in August 2016, recording a drop of 4%. In terms of value, the company achieved gross turnover of Rs 153.56 crore in August 2017 compared to 116.41 crore in August 2016, recording a growth of 32%. Net turnover rose 19% to Rs 124.10 crore in August 2017 over August 2016. The rise in turnover is mainly driven by a very good growth in truck and tractor segment.Powered by Capital Market - Live News
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