Steel Strips Wheels Limited — Board Meeting, 17-01-2025: Outcome of Board Meeting

The Board of Directors of Steel Strips Wheels Ltd. has approved the financial results for the quarter and nine months ended December 31, 2024. Total income reached ₹3,200 crore for the nine months and ₹1,077 crore for Q3. Notable highlights include a 7.6% growth in alloy wheel volumes and an EBITDA of ₹362 crore (margin of 11.3%) for nine months, with ₹121 crore (margin of 11.2%) for Q3. Additionally, Ms. Kanika Sapra has been appointed as Company Secretary and Compliance Officer, succeeding Mr. Manohar Lal Jain, effective January 17, 2025.