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SSWL gains after reporting 20% YoY rise in net turnover for March 2026

01-Apr-26   12:39 Hrs IST
The company's gross turnover rose 14.13% to Rs 603.92 crore in March 2026, up from Rs 529.15 crore posted in the same month last year.

In value terms, the 2&3-wheeler segment recorded a robust 75% YoY growth, while the tractor segment surged 30% YoY. The truck segment gained 17% YoY, the passenger car'steel segment dropped 10% YoY, and the overall exports segment plunged 44% YoY in March 2026.

In volume terms, the 2- & 3-wheeler segment surged 82% YoY, the tractor segment increased 31% YoY, and the truck segment jumped 14% YoY; meanwhile, the passenger car'steel segment declined 11% YoY, and the overall exports segment tumbled 54% 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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