Steel Strips Wheels' Q3 FY 2025-26 Quarterly Results
- 23 Jan 2026
Result Summary
- Steel Strips Wheels Ltd reported a 10.0% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 22.9%.
- Its expenses for the quarter were up by 9.2% QoQ and 24.6% YoY.
- The net profit increased 31.2% QoQ and decreased 2.3% YoY.
- The earnings per share (EPS) of Steel Strips Wheels Ltd stood at 2.96 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 1321.04 | 1201.49 | 1075.05 | 10.0% | 22.9% |
Total Expenses | 1259.48 | 1153.34 | 1010.52 | 9.2% | 24.6% |
Profit Before Tax | 61.56 | 48.15 | 64.52 | 27.9% | -4.6% |
Tax | 15.04 | 12.56 | 16.63 | 19.7% | -9.6% |
Profit After Tax | 46.61 | 35.52 | 47.71 | 31.2% | -2.3% |
Earnings Per Share | 2.96 | 2.25 | 3.04 | 31.6% | -2.6% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Steel Strips Wheels Ltd is a company primarily engaged in the manufacturing of automotive wheels, catering to a wide range of vehicles including passenger cars, trucks, and trailers. The company operates within the automotive industry, supplying both domestic and international markets. While specific recent developments are not available, the company is known for its focus on innovation and expanding its product offerings to meet evolving market demands. Steel Strips Wheels Ltd is recognized for its commitment to quality and precision engineering, which has established it as a reputable supplier in the automotive component sector.
Revenue
For the third quarter of fiscal year 2026, Steel Strips Wheels Ltd reported a total income of ₹1321.04 crores. This represents a quarter-over-quarter increase of 10.0% compared to ₹1201.49 crores in the previous quarter, Q2FY26. Year-over-year, the revenue increased by 22.9% from ₹1075.05 crores in Q3FY25. The growth in revenue suggests a strong performance over the past year, highlighting the company's ability to generate increased sales and possibly expand its market presence or product offerings.
Profitability
The company recorded a Profit Before Tax (PBT) of ₹61.56 crores in Q3FY26, which is a 27.9% increase from the ₹48.15 crores reported in the preceding quarter. However, when compared to the same quarter last year (Q3FY25), there was a decrease of 4.6% from ₹64.52 crores. The tax expense for the quarter was ₹15.04 crores, up 19.7% from the previous quarter but down 9.6% year-over-year. Profit After Tax (PAT) stood at ₹46.61 crores in Q3FY26, marking a 31.2% rise from Q2FY26, yet a slight decrease of 2.3% compared to Q3FY25. Earnings Per Share (EPS) for the quarter was ₹2.96, reflecting a 31.6% increase from the previous quarter and a slight decline of 2.6% year-over-year.
Operating Metrics
In terms of operational expenses, Steel Strips Wheels Ltd reported total expenses of ₹1259.48 crores for Q3FY26, up 9.2% from ₹1153.34 crores in Q2FY26 and an increase of 24.6% from ₹1010.52 crores in Q3FY25. The rise in expenses indicates an increase in operational activities or cost inputs over the periods compared. Despite the increase in total expenses, the company managed to enhance its profitability on a quarter-over-quarter basis, as evident from the higher PBT and PAT figures. The financial data suggests that the company has maintained a robust operational performance, with effective management of expenses relative to its income growth.