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SSWL gains after reporting 17% YoY rise in net turnover for January 2026

01-Feb-26 10:40 Hrs IST

The company's gross turnover rose 11.14% to Rs 556.19 crore in January 2026, up from Rs 500.42 crore posted in the same month last year.

In value terms, the aluminium products segment recorded a robust 25% YoY growth, while the tractor segment grew by 25% YoY. The truck segment jumped 20% YoY, the 2- and 3-wheeler segment gained 55% YoY, the passenger car'steel segment dropped 19% YoY, and the overall exports segment plunged 52% YoY in Janaury 2026.

In volume terms, the aluminium products segment surged 19% YoY, the tractor segment increased 26% YoY, and the truck segment grew 20% YoY. Meanwhile, the 2- and 3-wheeler segment jumped 49% YoY, the passenger car'steel segment declined 17% YoY, and the overall exports segment tumbled 68% YoY during the review period.

Steel Strips Wheels (SSWL) is engaged in the manufacturing of steel wheel rims catering to different segments of the automobile industry. The firm operates in the automotive wheel segment. Its geographical segments include India and overseas.

Steel Strips Wheels (SSWL) reported a 2.30% year-on-year (YoY) decline in consolidated net profit to Rs 46.61 crore in Q3 FY26, compared with Rs 47.71 crore posted in Q3 FY25. However, revenue from operations jumped 22.90% YoY to Rs 1,320.81 crore for the quarter ended 31 December 2025.

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