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As on 01-Aug-2026  18:32

Steel Strips Wheels reports record Rs 1571.05 Cr turnover in July, fueled by broad-based growth
Steel Strips Wheels Limited (SSWL) announced its highest-ever monthly turnover for July 2026, driven by broad-based growth across its Aluminium, 2 & 3-wheeler, Truck, and Tractor segments. The company reported a net turnover of Rs 1571.05 Cr, up 50.72% year-over-year (YoY) compared to Rs 1037.87 Cr in July 2025, and a gross turnover of Rs 1659.87 Cr, a 43.77% increase YoY from Rs 1156.08 Cr. SSWL also achieved record wheel volumes and overall monthly sales, up 51% by value and 26% by volume YoY, with the Aluminium segment experiencing a 38% rise in volumes and tractor wheel volumes increasing by 10%. Export turnover grew 39% YoY by value, reflecting a shift towards value-added wheels.