Steel Strips Wheels reports nearly 20% YoY growth in sales for May 2025
By Aman Shukla Published on June 2, 2025, 10:27 IST
Steel Strips Wheels Limited (SSWL) reported a significant increase in its sales performance for May 2025 compared to the same period in the previous year. The company achieved a net turnover of Rs. 470.35 crore in May 2025, up from Rs. 342.04 crore in May 2024. This reflects a year-on-year growth of approximately 19.97%. In terms of gross turnover, SSWL recorded Rs. 500.76 crore in May 2025, compared to Rs. 419.55 crore in May 2024, marking a growth of about 19.36% year-on-year.
Breaking down the growth by segments reveals varying trends across different markets. The export segment experienced a substantial increase in volume and value, with volume growth around 48% and value growth reaching 64%. The truck segment showed steady growth, with volumes rising by 33% and value by 26%. The alloy segment performed strongly as well, with volume growth of 29% and value growth of 43%. Passenger cars saw moderate growth, with volume increasing by 11% and value by 3%. The tractor segment remained largely flat, with volume growth at 8% and no significant change in value. In contrast, the two- and three-wheelers segment faced declines, with volume dropping by 23% and value by 16%.
Overall, Steel Strips Wheels Limited recorded a volume growth of 20% and a value growth of 20% for May 2025 compared to May 2024, highlighting a positive upward trend in sales across most segments.
Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at BusinessUpturn.com
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