For wheel buyers and auto makers, Steel Strips Wheels’ latest numbers paint a bright picture. The company announced a Q2FY27 net profit of ₹116.95 crore, a 229% leap over the ₹35.52 crore earned a year earlier.
Revenue from operations surged 61% to ₹1,929.92 crore, up from ₹1,200.57 crore in the same quarter last year. That boost comes from higher volumes and better margin, as profit before tax climbed to ₹156.34 crore from ₹48.07 crore.
Half‑year results show the company’s trajectory is not a one‑off. Consolidated revenue for H1FY27 hit ₹3,439.74 crore, 44% growth versus ₹2,387.35 crore a year earlier, while six‑month net profit jumped 125% to ₹186.40 crore from ₹82.76 crore.
In addition to the numbers, the board’s decision to elevate Pranav Jain, current VP Finance, to senior management underscores a focus on sustain growth and tighter financial controls. For buyers, it signals confidence and stability in the wheel supply chain.