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1 Sep '26|10:43 AM

Steel Strips Wheels reports Rs 592.92 Cr monthly turnover in August, a 53.62% YoY rise

Steel Strips Wheels Limited (SSWL) announced a record-high monthly net turnover of Rs 592.92 Cr in August 2026, a 53.62% year-over-year (YoY) increase compared to Rs 385.98 Cr in August 2025, and a gross turnover of Rs 687.51 Cr, up 44.72% YoY from Rs 475.06 Cr in the prior year. The company highlighted significant growth drivers including a 73% YoY increase in aluminum product sales driven by passenger vehicle and EV platform demand, a 53% YoY rise in the truck segment, a 61% YoY increase in the 2 & 3-wheeler segment, and a 63% YoY growth in overall exports, all contributing to improved capacity utilization and strengthened OEM relationships.