Quarterly Updates1 Jun 2026, 10:34 am
SSWL: Revenue up 18.43% YoY to ₹485.98 Cr in May 2026
AI Summary
Steel Strips Wheels Ltd reported a strong performance for May 2026, with net turnover reaching ₹485.98 Crores, an 18.43% YoY increase. Gross turnover reached ₹560.03 Crores, up 11.84% YoY. The tractor segment expanded by 21% in value and 17% in volume, while the 2 & 3 Wheelers segment saw a 50% growth in value and 30% in volume, driven by EV adoption. The company is focused on optimizing product-mix margins and efficient capacity utilization.
Key Highlights
- Net Turnover reached ₹485.98 Crores in May 2026, up 18.43% YoY.
- Tractor segment expanded by 21% in value and 17% in volume.
- 2 & 3 Wheelers segment grew by 50% in value, driven by EV adoption.
- Aluminum wheels vertical posted a 30% revenue expansion.
- Exports declined 59% in volume due to shipping constraints.
Price Impact
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