Steel Strips Wheels Limited — Important, 02-06-2025: Monthly Business Updates

Steel Strips Wheels Ltd posted a 20% YoY increase in net turnover to Rs 470.35 Cr, with gross turnover rising 19.4% to Rs 500.76 Cr. Exports surged, with volumes up 48% and value up 64%. Commercial vehicle sales volumes jumped 33%, alloy segment rose 29%, and passenger cars grew 11%. Tractor volumes were steady, while 2 & 3 wheelers declined 23%. Overall volume and value growth was driven by robust export demand and strong commercial vehicle sales.