Steel Strips Wheels Reports 16.84% Net Turnover Growth in February 2026

Steel Strips Wheels Ltd. reported a 16.84% year-on-year increase in net turnover to Rs 476.41 crore for February 2026, driven by strong domestic demand. The 2-3 wheeler segment doubled in volume, growing 97-108%, while the tractor segment rose 35%. The aluminum segment grew 16% in value, and commercial vehicles saw 10% growth. However, passenger car steel and exports declined significantly in both value and volume. The company emphasized a shift toward premium products and domestic markets amid export challenges.