Steel Strips Wheels Limited has informed the Exchange about monthly Business Updates for the month July 2025.
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Steel Strips Wheels reported net turnover of Rs. 378.87 crore in July 2025, up 4.48% year-on-year from Rs. 362.64 crore in July 2024. Gross turnover rose 4.53% YoY to Rs. 461.08 crore. Value growth was led by Aluminium Products (+29% YoY), Tractor (+9%), and 2&3 Wheeler (+9%) segments. However, overall sales volume fell 2% YoY, indicating that topline growth was largely price-driven. Passenger Car Steel (-19%) and Truck (-12%) segments saw value declines, while Exports grew 4% in value but volumes dropped sharply by 28%.
Positive revenue growth is offset by weakening volumes, especially in exports and passenger vehicles, suggesting margin pressure from a weaker product mix. Investors should watch whether volume recovery follows in coming months to sustain the value growth trend.