Steel Strips Wheels Ltd. Reports Record Sales in March 2026
Steel Strips Wheels Ltd. (SSWL) announced record-breaking performance for March 2026, marking a significant milestone in the company's growth trajectory. The company achieved its highest ever monthly sales, surpassing the ₹500 crore mark for the first time.Performance Highlights
SSWL saw substantial growth across key segments in March 2026. Sales in the Commercial Vehicle (Truck) segment reached a record high, experiencing a 74% year-over-year (YOY) increase in volume. The Tractor segment also demonstrated robust growth, with monthly sales up 31% YOY by volume.
Financial Summary
The company’s financial results reflect strong double-digit growth across key metrics.
| Metric | March 2026 | March 2025 | YOY Growth |
|---|---|---|---|
| Net Turnover | ₹520.75 crore | ₹433.70 crore | 20.07% |
| Gross Turnover | ₹603.92 crore | ₹529.15 crore | 14.13% |
Segment-Wise Growth Analysis
The following table details the performance across various domestic and export segments for March 2026:
| Segment (Domestic + Exports) | YOY (By Value) | YOY (By Volume) |
|---|---|---|
| Wheeler | 75% | 82% |
| Tractor | 30% | 31% |
| Larger Car - Alloy | 20% | 14% |
| Truck | 17% | 14% |
| Car - Steel | -10% | -11% |
| Exports (Overall) | -44% | -54% |
| Overall | 20% | 8% |
Source:
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