Steel Strips Wheels produces automobile wheel rims at Chandigarh. It has worked with Japanese technical consultants for upgrading quality control and reducing wastage. The Japanese contract also calls for training in wheel and die design and technical assistance in procuring equipment. Clients include Maruti, Mahindra & Mahindra and Bajaj Tempo. The company belongs to the Steel Strips group. Financials The company announced rise of 59.83% in standalone net profit on y-o-y basis to Rs 115.40 million, while total income increased 54.92% y-o-y basis to Rs 2.30 billion for the quarter ended June 2011.Steel Strips Wheels produces automobile wheel rims at Chandigarh. It has worked with Japanese technical consultants for upgrading quality control and reducing wastage. The Japanese contract also calls for training in wheel and die design and technical assistance in procuring equipment. Clients include Maruti, Mahindra & Mahindra and Bajaj Tempo. The company belongs to the Steel Strips group. Financials The company announced rise of 59.83% in standalone net profit on y-o-y basis to Rs 115.40 million, while total income increased 54.92% y-o-y basis to Rs 2.30 billion for the quarter ended June 2011.
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