SSWL Achieves Record Turnover of ₹592.92 Crore in August 2026, Up 54% YoY
Steel Strips Wheels Limited (SSWL) recorded its highest-ever monthly net turnover of ₹592.92 crore in August 2026, a 53.62% increase YoY. Gross turnover reached ₹687.51 crore, up 44.72% YoY. Key drivers included 53% growth in truck segment, 73% in aluminum products, and 63% in overall exports.
Achieving record turnover and substantial growth across major business segments is a significant positive development for the company, likely to be viewed favorably by investors.
The company reported its highest-ever monthly turnover with significant year-on-year growth across multiple key segments, indicating strong business performance.
Steel Strips Wheels Limited (SSWL) has reported its highest-ever monthly net turnover, reaching ₹592.92 crore in August 2026. This represents a significant year-on-year growth of 53.62% compared to ₹385.98 crore in August 2025. The company also achieved a gross turnover of ₹687.51 crore in August 2026, an increase of 44.72% from ₹475.06 crore in the same period last year.
The impressive growth was driven by several key segments. The truck segment saw a 53% year-on-year increase in value, attributed to strong commercial vehicle offtake. The aluminum products segment experienced a substantial 73% year-on-year growth in value, fueled by the ramp-up of volumes for passenger vehicle and EV platforms. The 2 & 3 wheeler segment grew by 61% by value, reflecting robust demand. Furthermore, the tractor and passenger car segments recorded growth of 21% and 16% respectively by value. Overall exports also surged by 63% year-on-year by value.
SSWL's enhanced performance is attributed to improved capacity utilization across its manufacturing facilities and the continued strengthening of its relationships with Original Equipment Manufacturers (OEMs). The company has now marked two consecutive months of record turnover.
A plain-language summary of a public exchange filing by Steel Strips Wheels Limited. Read the original for the full detail.