Steel Strips Wheels Limited has informed the Exchange regarding Monthly Business Updates for the month of April 2026. SSWL Monthly Sales Grew by 18% YOY in April, 2026
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Steel Strips Wheels Limited reported strong 18% year-over-year growth in net turnover for April 2026, reaching Rs 500.85 crore compared to Rs 424.11 crore in April 2025. The company's 2 & 3 Wheeler segment led performance with 36% value growth (33% volume), significantly outpacing industry recovery of around 28%. The tractor/agriculture segment delivered 27% value growth, driven by rural recovery and higher-horsepower mechanization trends. The company achieved record-breaking monthly sales in its Aluminium Alloy wheel segment with 15% YOY growth. However, exports declined 12% in value terms due to short-term geopolitical and logistical challenges.
The consistent double-digit growth in domestic sales and record alloy segment performance signals strong operational resilience and successful strategic shift toward high-margin premium segments. While export headwinds persist, the diversified domestic growth across tractors, commercial vehicles, and 2 & 3 wheelers provides a stable growth foundation.