Steel Strips Wheels reported its highest-ever monthly net turnover in January 2026, supported by strong demand across key segments. According to the company’s exchange filing dated February 1, 2026, net turnover stood at Rs 480.03 crore in January 2026, compared with Rs 409.16 crore in the same month last year, marking a year-on-year growth of 17.32%.
Gross turnover for the month came in at Rs 556.19 crore, up 11.14% from Rs 500.42 crore recorded in January 2025. The company also achieved its highest-ever monthly units sold during the period, reflecting robust volume growth.
Segment-wise performance remained strong. Sales in the two-wheeler and three-wheeler segment rose 55% year-on-year by value and 49% by volume. The aluminium segment posted a 25% YoY growth in value, while the tractor segment also recorded a 25% increase in value and a 26% rise in volumes. Domestic commercial vehicle sales grew 20% year-on-year by value, marking the highest-ever domestic monthly sales in the CV segment.
Passenger car steel wheels saw a decline of 19% in value and 17% in volume, which the company attributed to a mix change. Overall exports declined 52% by value and 68% by volume during the month.
The company stated that January 2026 marked a record-breaking month across multiple segments, highlighting sustained domestic demand and strong execution.
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