Steel Strips Wheels Limited — Important, 03-03-2025: Monthly Business Updates

SSWL achieved its second-highest monthly sales ever in February, with a net turnover of Rs. 407.74 Cr, an 18.88% increase year-over-year compared to Rs. 342.98 Cr in February 2024. Gross turnover also saw a significant rise, reaching Rs. 500.62 Cr, up 18.54% from Rs. 422.32 Cr the prior year.

Key segment performance includes a notable 24% year-over-year growth in the aluminium segment by volume and a 29% increase in the commercial vehicles segment. Exports contributed to 36% overall growth by value, with specific segments reflecting strong demand: Truck (22% growth), Aluminium (34%), and Tractor (16%). The positive sales momentum indicates strong market positioning and demand, and investors should monitor this growth trajectory for future opportunities.