Steel Strips Wheels Limited — Important, 04-11-2024: Monthly Business Updates

Steel Strips Wheels Ltd. reported a 6.48% year-over-year decline in monthly net turnover for October 2024, totaling Rs. 370.05 crores compared to Rs. 395.67 crores in October 2023. Gross turnover also fell 5.44% to Rs. 455.24 crores from Rs. 481.41 crores. Key segment performances included a 10% growth in passenger car alloys, while exports saw significant declines of 41% by volume and 38% by value, impacting overall sales.