StocksMedium•28 October 2026•
1 min read
Steel Strips Wheels Profit Surges 209% in Q2 FY2027
Key Facts
1Steel Strips Wheels reported a 209% year-on-year increase in profit after tax to INR 1.19 billion for Q2 FY27.
2The company achieved record quarterly revenue of INR 19.3 billion, representing a 61% increase compared to the previous year.
Steel Strips Wheels reported a 209% year-on-year increase in profit after tax to INR 1.19 billion for the second quarter of fiscal year 2027. Yahoo Finance reported that the company achieved record quarterly revenue of INR 19.3 billion, representing a 61% increase compared to the previous year.
The strong financial performance was driven by the alloy wheel segment, which now accounts for 45% of total revenue, alongside a 107% rise in EBITDA. Growth was further supported by significant expansion in exports and robust demand within the alloy wheel category.