SSWL Achieves Record October Sales: Turnover Surges 56.69% YoY to ₹753.65 Crore
Steel Strips Wheels Limited (SSWL) reported record-breaking sales for October 2026. Gross turnover surged 56.69% YoY to ₹753.65 Crore, and net turnover rose 55.58% YoY to ₹647.05 Crore. Key segments like Aluminium, Commercial Vehicles, Exports, and the 2/3-Wheeler (including EV) segments all achieved record or significant growth.
The record-breaking sales performance and substantial year-on-year growth across multiple key segments suggest a significant positive impact on the company's financial health and market position.
The company has reported its highest-ever monthly sales turnover for the fourth consecutive month, with significant year-on-year growth across all major segments, indicating strong business performance and market demand.
Steel Strips Wheels Limited (SSWL) has announced its financial performance for October 2026, marking its fourth consecutive month of record-breaking sales turnover. The company achieved its highest-ever monthly sales turnover in October 2026, surpassing the previous record set in September 2026. Gross Turnover surged by 56.69% year-on-year to ₹753.65 Crore, compared to ₹480.99 Crore in October 2025. Net Sales turnover also saw significant growth, increasing by 55.58% year-on-year to ₹647.05 Crore from ₹415.90 Crore in the same period last year.
The Aluminium Segment delivered an all-time record high, with sales growing by 26% in volume and 66% in value year-on-year. This growth was attributed to increasing OEM passenger vehicle premiumization, SUV wheel adoption, and expanded capacity utilization at the Mehsana plant.
The Commercial Vehicle (CV) segment also recorded its highest-ever monthly sales, with a 41% year-on-year growth in volume and a 53% year-on-year growth in value, driven by strong domestic freight movement and high fleet utilization.
Exports demonstrated exceptional performance, with a 179% year-on-year increase in value and a 106% year-on-year increase in volume, indicating strong market penetration across international OEM contracts.
The 2 & 3-Wheeler segment experienced outstanding growth, soaring by 89% year-on-year in value and 54% in volume. This surge is largely propelled by the rapid market adoption and high volume dispatches in the EV 2-Wheeler wheel segment.
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Steel Strips Wheels Limited filed this with the NSE as a statutory disclosure, categorised under other company updates. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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