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Steel Strips Wheels Ltd Q3FY24; 36% rise in Profits

Steel Strips Wheels Ltd was incorporated in 1985 and started its operations in 1991. It designs, manufactures, and supplies Steel Wheel Rims and Alloy Wheels for a wide range of domestic and global automobile makers. It is Headquarter in Chandigarh.

Financial Results:

Steel Strips Wheels Ltd reported Revenues for Q3FY24 of ₹1,110.00 Crores up from ₹938.00 Crore year on year, a rise of 18.34%.

Total Expenses for Q3FY24 of ₹1,041.00 Crores up from ₹873.00 Crores year on year, a rise of 19.24%.

Consolidated Net Profit of ₹60.00 Crores up 36.36% from ₹44.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹3.79, up 35.36% from ₹2.80 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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