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Steel Strips Wheels sales up by 14% in quarter ended June 2012

Capital Market/ 17:01 , Jul 03, 2012

Steel Strips Wheels has announced that the company has achieved gross sale of Rs 28041 lacs during quarter ended June 2012 as against Rs 24609 lacs in June 2011, recorded a growth of 13.95%. The net sale of the company also increased to Rs 25423 lacs in June 2012 as against Rs 22647 lacs in June 2011, recorded a growth of 12.26%.

The company has achieved gross sales of Rs 7856 lacs in June 2012 as against Rs 8392 lacs in June 2011. Net sales of the company is Rs 7165 lacs in the month of June 2012 as against Rs 7755 lacs in June 2011.

In terms of number of Wheel Rims, the company sold 7.69 lacs Steel Wheel Rims during the month of June 2012 as against 8.58 lacs Steel Wheel Rims during the month of June 2011.

Further, the company has achieved the export sales of 142586 wheel rims during the month of June 2012 as against 136299 wheel rims during the month of June 2011.

The company made this announcement on 03 July 2012.

 



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