Steel Strips Wheels reports flat Q4 profit, revenue rises 19.5%

Steel Strips Wheels reports flat Q4 profit, revenue rises 19.5%


Revenue from operations rose 19.5% year-on-year to ₹1,474 crore during the quarter, up from ₹1,234 crore in the corresponding quarter of the previous financial year.

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Steel Strips Wheels reports flat Q4 profit, revenue rises 19.5%
Shares of Steel Strips Wheels traded nearly 2% lower on Friday, May 29, after the company reported a mixed set of earnings for the March quarter.

The company reported a flat net profit of ₹61 crore for the fourth quarter of FY26, compared to the same period last year.

Revenue from operations rose 19.5% year-on-year to ₹1,474 crore during the quarter, up from ₹1,234 crore in the corresponding quarter of the previous financial year.

At the operating level, EBITDA increased 12% year-on-year to ₹150 crore from ₹134 crore a year ago. However, EBITDA margin declined to 10.2% from 11% in the year-ago quarter.



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