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SSWL Registers 11% Growth in September Sales Volume, Backed by Volume Growth of 16% Passenger Cars & 47% Tractor Segment (Company Update)
SSWL Registers 11% Growth in September Sales Volume, Backed by Volume Growth of 16% Passenger Cars & 47% Tractor Segment (Company Update)
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Website : w\!wsswlindia.com
Ref. SSWL/2016
Dated 03.10.2016
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Dalal Street,
Mumbai - 400 001
SSWL is enthused to announce that in September 2016, SSWL achieved total wheel
rirn sales of 12.o8lacs Vs 10.91 Lacs in September 2015 representing an 1170 YoY
growth. The tractor and passenger segment did extremely good and are expected
to tread the same Dath in 3'd quarter of 2016-17,
in
September 2016 Vs 117.13Crs in September 2015, there by recording contraction
of 13olo and achieved Net turnover of Rs.91.25crs in September 2016 Vs Rs.
105.26crs in September 2015, recording a contraction of 13o/o. The contraction is
majorly due to the Raw material price drop of close to 207o which is now applicable
on 100o/o of the customers.
(YoY)
Passenger Car
+160/o
2&3 Wheelers
+2Ao/o
Tractor
+474/o
TrLrck
49o/o
Exports
+J
Overall
+LLo/o
o/o
Resd. Offico
Works
: PlotNo.77,78,1368,394,Vi age-Madotmejpura,Tatuka-Jotana,
Vill. Somalheri/L6ni, BO. Dappar, Tehsit Derabassi, Oistr. Mohati, pu.jab (lndia)
Tet. : +91 11762) 275249, 27 5872, 275173 Fax : +s1 t1762\ 275228
Emart : admin@sswlrndra com Website : sww.sswhno ia. cam
Distt. -Mehsana. Gujat -384430 Edait id : admin.mehsaM@sswtindia.@m
IrEil
@IlEtr
@EIEIII@E
Passenger car segment grew 16010 in september 2016 YoY. The PV segment
growth held steady into high double d'g't and good festive demand and is expected
to remain strong going into this year. The single source products of the company
are doing very good and will help increase the market share in PV segment.
2&3 wheelers segment grew by 2oolo in September 2016 YoY. The segment
also grew in high double digit with very heavy festive demand and this wilL continue
till year end.
LCV & MHCV segment volumes dropped bV 49o/o YoY in September 2016.
The CV segment saw a volume drop in this month due to production drop for
inventory adjustment before BS-IV Jaunch spreading all across the country. The 3'o
quarter is reviving better and the numbers are better for the month of October,
Thanking You.
Yours Faithfully,
Wheels Limited
n Jindal
(GIY-Cum-Company Secretary)
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