Steel Strips Wheels Limited has informed the Exchange regarding Revised Monthly Business Updates for the month of October 2025.
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Awaiting price reaction for this filing.
Steel Strips Wheels reported monthly net turnover of Rs. 420.10 crore in October 2025, up 13.53% YoY from Rs. 370.05 crore last year. Gross turnover rose 6.74% YoY to Rs. 491.84 crore. The Aluminium segment posted its highest-ever monthly sales with 32% volume growth and 41% value growth YoY, while Tractor volumes grew 23% YoY. However, Exports collapsed sharply by 66% in volume and 48% in value, and the 2&3 Wheeler segment fell 15% in volume. Overall, volumes grew 4% YoY with a 14% rise in value terms.
Positive momentum in Aluminium and Tractor segments drove overall growth and support near-term sentiment, but the steep export decline and weakness in 2&3 Wheelers and Passenger Cars are concerns that could weigh on the stock if the trends continue.