Steel Strips Wheels Ltd (SSWL) reported a robust 12% year-on-year growth in monthly sales for October 2025, driven by strong performance in the aluminium segment, which recorded its highest-ever monthly sales with a 30% YoY increase. This growth highlights the company’s expanding footprint in the automotive wheel sector.
Steel Strips Wheels Ltd, a key player in automotive wheel manufacturing, witnessed a strong sales performance in October 2025. The company’s total net turnover rose by 12% compared to October 2024, continuing its steady upward trajectory. Particularly notable is the aluminium segment, which expanded significantly by 30% YoY, marking the highest monthly sales recorded in this segment.
The growth underscores SSWL’s ability to capitalize on rising demand for lightweight alloy wheels amidst evolving automotive trends. This was supported by the company’s diverse product portfolio including steel wheels for commercial vehicles, passenger cars, and growing exports despite headwinds in some markets.
This month’s sales growth follows a positive trend despite export challenges experienced in recent months and reflects the company’s strategic focus on expanding its alloy wheel production capacity and capturing market share in domestic and international markets.
Key Highlights:
-
October 2025 monthly sales grew 12% YoY
-
Aluminium segment posted 30% YoY growth, highest ever monthly sales
-
Overall strong momentum despite export volume challenges
-
Diverse product mix with steel and alloy wheels for various vehicle segments
-
Continued focus on expanding production capacity and market presence
Sales growth reflects demand recovery and strategic positioning in the automotive wheel industry
Sources: NSE Announcement, Business Upturn, SSWL Corporate Website