January Sales Value up by 43% YOY
Export Volumes up by 89 % YOY
Alloy Wheels Volumes up by 162% YOY
SSWL achieved highest ever sale in January 2021 of wheel rim sales of 15.78 Lacs Vs 13.45 Lacs in January 2020 representing a growth of 17 % YoY. SSWL has achieved gross turnover of Rs 253.50 Crs in January 2021 Vs 179.90 Crs in January 2020, there by recording a growth of 41 % YOY and achieved Net turnover of Rs.210.19 Crs in January 2021 Vs Rs.147.20 Crs in January 2020, recording a growth of 43 %.
Export Segment achieved highest ever Sales in January 2021 with 89 % YOY growth
Alloy Wheel sales Volume Grew by 162 % YOY in January 2021
Segment wise Breakup of growth:
|Segment||December Growth (YoY)|
|2 & 3 Wheelers||-26%|
Exports Segment volume rose by 89%.The export segment achieved highest ever sales in January 2021, and expects the growth to continue going ahead in Q4 of FY 20-21
PV segment grew by 8 % YOY The PV volumes saw a growth with Continued demand, despite of Semiconductor shortages in the segment and we hope that the upward growth for PV segment going ahead in Q4.
Tractor volumes rose by 29% YoY. The tractor segment continued to report a positive growth in the month, we hope that this will continue with upward trend for Q4 supported further by the upcoming demand during the season
Commercial Vehicles segment volumes rose by 30% YoY The CV segment reported 30 % growth YoY despite this segment also faced parts shortages. The segment is expected to witness momentum going ahead in coming months.
2 & 3 Wheelers Segment fell 26%. The 2/3 wheeler segment continued its drag but shown signs of recovery with MOM growth of 78 % by volume. The segment is expected to recover in coming times.