SSWL achieved revenue growth of 11% YoY in October 2022

    Monthly Revenue in Alloy Wheels – (Grew by 103% YOY)

    Monthly Revenue in CV – (Grew by 41%)

    SSWL has achieved Net turnover of Rs.334.42 Crores in October 2022 Vs Rs. 300.58 Crores in October 2021, recording a growth of 11% YOY and achieved Gross turnover of Rs 417.03 Crores in October 2022 Vs 355.73 Crores in October 2021, there by recording a growth of 17% YOY. The Growth was held back by a margin due Diwali Manufacturing Holidays at the customer end in October 2022.

    The festive retail demand was fairly strong in every segment and we expect the momentum to sustain going past it.

    Segment wise Breakup of growth

    Segment (by Value) October-2022 Growth (YoY)
    Alloy Wheels 103%
    Truck 41%
    2 & 3 Wheelers 39%
    Passenger Car 25%
    Tractor 19%
    Exports -84%
    Overall 11%
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