Steel Strips Wheels Reports 14% YoY Sales Growth in October 2025
Filing Summary
Steel Strips Wheels Ltd. reported a 14% year-over-year increase in monthly sales for October 2025. The company achieved a net turnover of Rs. 420 crore, up from Rs. 370 crore in October 2024, marking a 13.53% growth. The gross turnover reached Rs. 482 crore, a 6.74% increase from the previous year. The aluminium segment recorded its highest-ever monthly sales with a 32% volume growth. The tractor segment saw a 23% increase in volume. However, exports declined by 66% in volume and 48% in value.
Steel Strips Wheels Ltd. reported a 14% year-over-year growth in monthly sales for October 2025. The company achieved a net turnover of Rs. 420 crore, compared to Rs. 370 crore in October 2024, reflecting a 13.53% increase. The gross turnover for October 2025 was Rs. 482 crore, up from Rs. 455 crore in the previous year, marking a 6.74% growth.
The aluminium segment recorded its highest-ever monthly sales, with a 32% increase in volume and a 41% increase in value. The tractor segment experienced a 23% growth in volume and a 16% increase in value. The truck segment saw a 1% increase in volume but a 1% decrease in value. The passenger car steel segment experienced a 4% decline in volume and an 11% decrease in value. The 2&3 wheeler segment reported a 15% drop in volume and an 8% decrease in value. Overall exports declined by 66% in volume and 48% in value.
Steel Strips Wheels Ltd. focuses on manufacturing steel and alloy wheels for various automotive segments. The company continues to expand its product offerings and enhance its manufacturing capabilities to meet the evolving demands of the automotive industry.