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SSWL expect highest ever quarterly sales, volume in Q3 FY19

Steel Strips Wheels (SSWL) is expecting to achieve highest ever quarterly sales in Q3 with the help of truck and tractor segment growth. The company is expecting Sales volume of 44.65 Lakh (In Nos.) in Q3 FY 2018-19 (Oct-Dec 2018).

The growth will be driven by extremely buoyant order book of tractor and truck wheel segment. The order book for both truck plants is good with exports also picking up steadily going ahead. The capacity utilization across all SSWL plants is running at more than 95% and will continue to move at this trend for balance period of the year.

SSWL is a part of the Steel Strips Group, headquartered in Chandigarh. It is engaged in the manufacturing of single piece steel wheel rims in the range of 10 to 30 inches for scooters, passenger cars, utility vehicles and tractors. It supplies rims to almost all major manufacturers of two wheelers, three wheelers, four wheelers, tractors and heavy commercial vehicle.

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