Steel Strips Wheels Ltd. Achieves 20% Year-on-Year Sales Growth in May 2025

Steel Strips Wheels Ltd. (SSWL), a leading manufacturer of automotive wheels, has reported impressive sales results for May 2025, continuing its strong growth trajectory across key segments.

Financial Highlights

Net Turnover: ₹470.35 crore in May 2025, up from ₹342.04 crore in May 2024, marking a robust 19.97% year-on-year growth.

Gross Turnover: ₹500.76 crore in May 2025, compared to ₹419.55 crore in May 2024, a 19.36% increase year-on-year.

Exports led the growth, with a remarkable 48% increase in volume and 64% in value year-on-year.

Truck segment also performed strongly, registering a 33% rise in volume and 26% in value.

Alloy wheels saw a 29% increase in volume and 43% in value.

Passenger car wheels grew by 11% in volume and 3% in value.

Tractor segment experienced modest growth, while the 2 & 3 wheelers segment saw a decline in both volume and value.

Steel Strips Wheels Ltd. delivered a solid performance in May 2025, achieving 20% overall year-on-year growth in both sales volume and value. The company's robust export performance and strong results in the truck and alloy segments have been key contributors to this growth.

Source : Equity Bulls

Keywords

SteelStripsWheels SSWL SalesVolume May2025