Steel Strips Wheels Ltd reported a net turnover of Rs 4.2 billion for October 2025, marking a 13.53% year-on-year growth. The increase reflects strong demand across domestic and export markets, supported by robust performance in passenger vehicle and commercial wheel segments.
Consistent Growth Momentum In Auto Components
Steel Strips Wheels Ltd (SSWL), a leading manufacturer of automotive steel wheels, has announced its financial performance for October 2025, registering a net turnover of Rs 4.2 billion. This represents a 13.53% increase compared to the same month last year, indicating sustained growth in both domestic and international demand.
The company attributed the rise to higher order volumes from OEMs and improved export shipments. SSWL continues to benefit from its diversified product portfolio, which includes wheels for passenger cars, commercial vehicles, tractors, and two-wheelers. The company’s strategic focus on capacity expansion and operational efficiency has further supported its upward trajectory.
Major Takeaways
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Net turnover in October 2025: Rs 4.2 billion
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Year-on-year growth: 13.53%
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Strong demand from OEMs and export markets
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Passenger and commercial vehicle segments led the performance
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Continued focus on product diversification and capacity enhancement
Sources: Reuters, Business Standard, Moneycontrol, Steel Strips Wheels Investor Updates