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(02 Mar 2026, 10:26)

Steel Strips Wheels records 17% growth in net turnover in Feb'26


Steel Strips Wheels achieved net turnover of Rs 476.41 crore in month of February 2026 compared to Rs 407.74 crore in February 2025, recording a growth of 16.84%.

Key Segment Drivers:

- 2 & 3 Wheeler Dominance: The segment recorded an extraordinary 108% growth in volume, effectively doubling its output YoY and driving significant domestic revenue.

- Agricultural Strength: The Tractor segment remained a key pillar of growth, posting a robust 35% increase in both volume and value.

- Premium Aluminum Shift: The high-margin Aluminum segment grew by 16% in value, as the market continues to transition toward premium wheel solutions.

- Commercial Vehicles: Domestic CV sales retained positive with a 10% growth in value.

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