Steel Strips Wheels Limited achieves historic ₹500 Cr Sales Milestone

Steel Strips Wheels Limited (SSWL) has reported a record-breaking performance for March 2026, marking a significant leap in the company's growth trajectory. For the first time in its history, the company crossed the ₹500 Crore monthly sales mark, driven by exceptional demand in the commercial vehicle and agricultural sectors.

The company's financial metrics showed robust double-digit growth. Net Turnover for March 2026 climbed to ₹520.75 Crore, a 20% increase over the ₹433.70 Crore recorded in March 2025. Similarly, Gross Turnover reached ₹603.92 Crore, reflecting a 14.13% year-on-year (YOY) growth.

A standout highlight of the month was the Commercial Vehicle (Truck) segment, which dominated with a staggering 74% YOY increase by volume. The Tractor segment also showed strong momentum with a 31% volume growth. While the export market and steel passenger car segments faced a temporary contraction, the overall domestic surge-particularly in the 2-wheeler and alloy wheel categories-propelled the company to its highest-ever monthly performance.

Source : Equity Bulls

Keywords

SteelStripsWheels SSWL March2026 SalesUpdate