Steel Strips Wheels Limited (SSWL) has announced its unaudited financial results for the quarter and half year ended September 30, 2025, along with a key management change. The company has also made strides in improving its corporate governance practices.

Financial Performance

SSWL reported consolidated revenue from operations of ₹1,20,056.91 lakh for the quarter ended September 30, 2025. The company's profit before tax for the same period stood at ₹5,256.66 lakh.

Key Financial Highlights (Q2 FY2026)

New CFO Appointment

SSWL has appointed Rahul Kumar as its new Chief Financial Officer, effective November 12, 2025. Kumar brings experience to the role, with over eight years in finance and accounts.

Rahul Kumar's Profile:

• Qualified Chartered Accountant
• CFA Level III certification
• Graduate degree in Commerce
• Associated with SSWL since 2022
• Expertise in financial reporting, internal audit, MIS, cost optimization through data analytics, ERP implementation, and digital transformation projects

Corporate Governance Enhancement

The Board of Directors has taken steps to improve the company's corporate governance framework. They have authorized specific personnel for determining the materiality of events and making disclosures to stock exchanges. This move aligns with regulatory requirements and enhances transparency in corporate communications.

Comprehensive Financial Reporting

SSWL's financial results include both standalone and consolidated financial statements, accompanied by auditors' limited review reports. This approach provides stakeholders with a view of the company's financial position and performance across its operations.

The company's measures in financial reporting and management appointments reflect its commitment to maintaining investor confidence and adhering to practices in corporate governance.

Steel Strips Wheels Limited (SSWL) has reported significant sales growth and record-breaking performance in its aluminium segment for October 2025. The company's latest financial results showcase a strong position in various market segments, particularly in aluminium and tractor sales.

Financial Highlights

SSWL achieved a notable increase in both net and gross turnover for October 2025 compared to the same period last year:

Segment-wise Performance

The company's performance varied across different segments:

Key Highlights

• Record Aluminium Sales: The aluminium segment showed exceptional growth, with a 47% increase in value and a 31% increase in volume year-over-year.
• Strong Tractor Segment: Tractor sales demonstrated robust growth, with a 16% increase in value and a 23% increase in volume compared to October 2024.
• Challenges in Some Segments: While the company saw growth in aluminium and tractor segments, it faced challenges in the two and three-wheeler segment, passenger car steel segment, and overall exports.

The company's performance in October 2025 indicates a strong position in the aluminium and tractor markets, offsetting declines in other segments. This diversified performance across various sectors showcases Steel Strips Wheels Limited's ability to navigate market fluctuations and capitalize on growth opportunities in specific segments.

The contrasting results across different segments highlight the company's varied market exposure, with significant growth in aluminium and tractor sales counterbalancing the declines in other areas, particularly exports and the passenger car steel segment.