Monthly Update2 May 2025, 09:55 am
Steel Strips Wheels Ltd. Reports 25.39% YoY Net Turnover Growth in April 2025
AI Summary
Steel Strips Wheels Ltd. (SSWL) has announced its business update for April 2025. The company achieved a net turnover of Rs. 424.11 Crs, marking a significant growth of 25.39% compared to April 2024's Rs. 338.22 Crs. The gross turnover also increased by 24.97% YoY, from Rs. 415.33 Crs in April 2024 to Rs. 519.02 Crs in April 2025. The segment-wise growth (by value) for April 2025 compared to April 2024 is as follows: Exports (57%), Aluminium Segment (56%), Truck (13%), and Tractor, Passenger Car, 2 & 3 Wheelers (25%).
Key Highlights
- SSWL achieved a 25.39% YoY growth in net turnover in April 2025.
- The gross turnover increased by 24.97% YoY in April 2025.
- Exports segment showed a 57% growth in April 2025 compared to April 2024.
- Aluminium Segment grew by 56% in April 2025 compared to April 2024.
- Truck segment recorded a 13% growth in April 2025 compared to April 2024.