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Steel Strips Wheels Ltd Q1FY24; 3% rise in Revenue

Steel Strips Wheels Ltd was incorporated in 1985 and started its operations in 1991. It designs, manufactures, and supplies Steel Wheel Rims and Alloy Wheels for a wide range of domestic and global automobile makers. It is Headquarter in Chandigarh

Financial Results:

Steel Strips Wheels Ltd reported Revenues for Q1FY24 of ₹1,044.00 Crores up from ₹1,016.00 Crore year on year, a rise of 2.76%.

Total Expenses for Q1FY24 of ₹977.00 Crores up from ₹945.00 Crores year on year, a rise of 3.39%.

Consolidated Net Profit of ₹48.00 Crores from ₹48.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹3.04, down 1.30% from ₹3.08 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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