Monthly Update1 Jul 2026, 10:31 am
Steel Strips Wheels Ltd Reports 37% YoY Revenue Growth in June 2026
AI Summary
Steel Strips Wheels Limited (SSWL) announced a strong performance for June 2026, with Net Turnover reaching ₹479.87 Cr, a 36.84% year-on-year (YoY) increase from ₹350.67 Cr in June 2025. Gross Turnover also saw a 29.98% YoY expansion to ₹554.10 Cr. The growth was broad-based, driven by significant momentum in the Truck segment (54% value growth), resilient rural demand in the Tractor segment (34% value growth), and a remarkable 74% value growth in the 2 & 3 Wheelers segment, largely due to EV component adoption. Exports also turned positive with a 7% value growth after a prolonged period of subdued performance. Alloy Products sales grew by 23% by volume YoY.
Key Highlights
- Net Turnover surged 36.84% YoY to ₹479.87 Cr in June 2026.
- Truck segment posted 54% value growth, driven by freight demand.
- 2 & 3 Wheelers segment saw 74% value growth, boosted by EV adoption.
- Exports turned positive with 7% value growth after a long period.
- Overall business achieved 37% value growth and 23% volume growth YoY.
Price Impact
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