Steel Strips Wheels Ltd Reports Highest Ever Monthly Turnover of ₹592.92 Cr in August

Steel Strips Wheels Ltd (SSWL) has achieved its highest ever monthly net turnover of ₹592.92 crore in August 2026, marking the second consecutive record-breaking month. This represents a significant year-on-year growth of 53.62%. The company also reported a gross turnover of ₹687.51 crore, up 44.72% YoY. Key growth drivers include a 53% YoY increase in the truck segment, a 73% YoY rise in aluminium products driven by EV and passenger vehicle platforms, and a 61% YoY growth in the 2 & 3 wheeler segment. Exports also saw a substantial 63% YoY increase. The improved performance is attributed to enhanced capacity utilization and strengthened OEM relationships.