Steel Strips Wheels posts 15% revenue growth in Q1

Steel Strips Wheels Limited recorded 15% year-on-year revenue growth in Q1 FY26, with gross profit rising 15%. EBITDA reached INR125 crores, up 6.1%, though margins declined due to higher raw material costs.

Export revenue surged 30% from INR123 crores to INR160 crores. The alloy wheel segment contributed 35% of total revenue, up from 29% previously. Profit after tax increased 8% to INR50 crores.