SSWL achieves sales volume of 10.21 lacs amid highest ever Exports Sale

    Highest ever Monthly Exports sales by Volume, Grew by 45 % MOM

    SSWL achieved wheel rim sales of 10.22 Lacs in May 2021 Vs 14.77 Lacs in April 2021 representing a decrease of 30.82 % MOM & YOY increase of 256 %,
    SSWL has achieved Net turnover of Rs 165.68 crs in May 2021 vs Rs. 235.28 Crs in April 2021 thereby recording decrease of 29.58 %MOM & achieved gross turnover of Rs190.69 Crs in May 2021 vs Rs 284.34 Crs in April 2021 there by recording a decrease of 32.94 % MOM, The net sales turnover and Gross Sales turnover grew by 387.99 % & 388.89 % YOY respectively

    Segment wise Breakup of growth:

    Segment May – 21 (MOM) May – 21 (YOY)
    Exports 45% 238%
    Tractor -20% 116%
    Passenger Car -61% 248%
    Truck -70% 841%
    2 & 3 Wheelers -86% 234%
    Overall -31% 256%

    Exports Segment volume rose by 45% MOM. The export segment achieved its highest ever sales by volume & Sales in May-21, and expected to grow further.

    PV segment decline by 61% MOM. The PV volumes saw a decline in the month amid the rising second wave in India and partial lockdowns along with issues faced pertaining to supply chain & OEM’s shutdowns, Going ahead we expect segment the segment to do better.

    Tractor volumes declines by 20% MOM. Tractor segment are also dragged back due to issues in supply chain/resource availability and shall pick up in coming month.

    Commercial Vehicles segment decline by 70% MOM. Commercial segment also facing the same issues due to COVID-19, we expect that this may continue for coming months with steady growth.

    2 & 3 Wheelers Segment 86% by MOM. The segment is further dragged back and is expected to remain under pressure for few months.

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