SSWL posts 10 % YOY Growth in Net Sales in May-23

Steel Strips Wheels Ltd (SSWL) has achieved Net turnover of Rs 357.27 in May 2023 Vs Rs. 325.26 Crs in May 2022, recording a growth of 9.84% YOY and achieved Gross turnover of Rs 433.30 in May 2023 vs Rs 401.07 Crs, there by recording a growth of 8% YOY.

Monthly Exports Sales - (up by 114% YOY)
Monthly Alloy Sales - (up by 12% YOY)
Monthly CV Sales - (up by 12% YOY)

Segment wise Breakup of growth

Exports - 52%
Alloy wheels - 6%
Truck - 6%
Tractor - 10%
2&3 Wheeler - 10%
Passenger Car - 15%

Source : Equity Bulls

Keywords

SteelStripsWheels SSWL Sales May2023