We are pleased to release the Q4 FY 17-18 volume guidance for SSWL. We expect to register highest ever quarterly volume for the SSWL in Q4 FY 17-18 with 40 Lacs wheel confirmed order book. This correlates with SSWL also achieving highest ever turnover for the quarter.
SSWL expect to sell highest Quarterly volume and turnover in Q4 FY17-18
Sale volume (In Nos.) in Q4 FY 2017 (January-March 2017) | Expected Sale volume (In Nos.) in Q4 FY 2018 (January-March 2018) | Expected growth (%) in Q4 YoY |
36.01 Lacs | 40.00 Lacs | 11% |
SSWL expect to achieve highest truck sales ever from Jamshedpur.
The order book for truck is rising rapidly with new products and customers getting added to SSWL portfolio. This will help us in making larger foot print in export markets. This will help us in achieving the highest ever truck segment sales for SSWL in Q4 FY 17-18
The new financial year looks extremely bright for truck segment with the addition of new Chennai truck plant adding huge capacity to cater the rising global truck wheel demand.
SSWL expects highest ever sales volumes from our Chennai car plant with rising exports attributing to the growth.
The rising car exports and growing domestic demand are the factor for reaching 90% capacity utilization and highest sales volume of our Chennai car wheel plant. We expect the recent order wins from domestic as well as export markets will ensure extremely healthy plant utilization.