Steel Strips Wheels Limited has informed the Exchange regarding Monthly Business Updates for the month of April 2025
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Awaiting price reaction for this filing.
Steel Strips Wheels reported net sales turnover of Rs. 424.11 Crores in April 2025, up 25.39% year-on-year from Rs. 338.22 Crores in April 2024. Gross turnover grew 24.97% YoY to Rs. 510.02 Crores. The Aluminium segment posted its highest-ever monthly sales, growing 37% YoY by value and 56% by volume. Commercial vehicle sales (Trucks and Tractors) rose 24% YoY, while Passenger Car volumes grew 9%. Exports surged 85% by value and 47% by volume YoY. The only weak spot was the 2 & 3 Wheeler segment, which declined 23% in volumes.
Strong broad-based growth, especially record Aluminium sales and a sharp jump in exports, is a positive signal for the company's top-line momentum. Investors may view this favorably, though the 2 & 3 Wheeler slowdown is a minor concern worth tracking.