Monthly Update2 Jun 2025, 10:18 am
SSWL Achieves 19.97% YoY Growth in Net Turnover for May 2025
AI Summary
Steel Strips Wheels Ltd. (SSWL) has reported a significant increase in its financial performance for the month of May 2025. The company achieved a net turnover of Rs. 410.35 Cr, marking a growth of 19.97% Year-over-Year (YoY) compared to Rs. 342.04 Cr in May 2024. Furthermore, SSWL reported a gross turnover of Rs. 500.76 Cr in May 2025, reflecting a 19.36% YoY growth from Rs. 419.55 Cr in May 2024. The segment-wise breakup indicates growth in both volume and value for the '3% fovea tm QOH' segment, both in domestic and export markets.
Key Highlights
- SSWL achieved a 19.97% YoY growth in net turnover for May 2025.
- The company reported a gross turnover growth of 19.36% YoY for May 2025.
- Segment-wise growth in both volume and value for the '3% fovea tm QOH' segment.
- Domestic and export markets contributed to the growth in May 2025.