Steel Strips Wheels Limited (SSWL) announced significant year-on-year (YOY) growth in its sales for May 2025, as detailed in its monthly business update:
- Net turnover for May 2025 reached ₹470.35 crore, marking a 19.97% increase compared to ₹342.04 crore in May 2024.
- Gross turnover grew by 19.36% YOY, amounting to ₹500.76 crore in May 2025 against ₹419.55 crore in May 2024.
- The company achieved an overall sales volume growth of 12% YOY.
- Key segment-wise growth (YOY by volume and value) for May 2025 includes:
- Exports: Volume up by 48%, Value up by 64%.
- Truck: Volume up by 33%, Value up by 26%.
- Alloy Segment: Volume up by 29%, Value up by 43%.
- Passenger Car: Volume up by 1%, Value up by 3%.
- Tractor: Volume up by 8%, Value up by 0%.
- 2 & 3 Wheelers: Volume down by 23%, Value down by 16%.