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Steel Strips Wheels - Quaterly Results

17 Jan 2024 Evaluate
The December 2023 quarter revenue stood at Rs. 11103.03 millions, up 18.31% as compared to Rs. 9384.42 millions during the corresponding quarter last year.A good growth in profit of 36.03% reported to Rs. 595.35  millions over Rs. 437.66 millions of corresponding previous quarter.Operating profit surged to 1183.75 millions from the corresponding previous quarter of 1099.21 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202312 202212 % Var 202312 202212 % Var 202303 202203 % Var
Sales 11103.03 9384.42 18.31 32884.23 30356.21 8.33 40405.45 35599.53 13.50
Other Income 16.86 20.41 -17.39 88.59 57.05 55.28 124.02 130.27 -4.80
PBIDT 1183.75 1099.21 7.69 3629.74 3400.52 6.74 4552.06 4658.09 -2.28
Interest 250.80 220.18 13.91 746.66 608.59 22.69 835.45 854.21 -2.20
PBDT 932.95 879.03 6.13 2883.08 2791.93 3.26 3716.61 3803.88 -2.29
Depreciation 225.04 202.08 11.36 674.21 604.88 11.46 804.41 768.70 4.65
PBT 707.91 676.95 4.57 2208.87 2187.05 1.00 2912.20 3035.18 -4.05
TAX 112.56 239.29 -52.96 613.40 722.02 -15.04 974.21 980.54 -0.65
Deferred Tax 56.18 11.04 408.88 33.13 20.90 58.52 22.77 84.35 -73.01
PAT 595.35 437.66 36.03 1595.47 1465.03 8.90 1937.99 2054.64 -5.68
Equity 156.93 156.51 0.27 156.93 156.51 0.27 156.51 156.09 0.27
PBIDTM(%) 10.66 11.71 -8.98 11.04 11.20 -1.47 11.27 13.08 -13.90

Steel Strips Wheels Share Price

220.75 7.90 (3.71%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
SamvardhanaMotherson 125.00
Tube Investments 2789.65
Bosch 37505.60
UNO Minda 1097.30
CIE Automotive India 490.15
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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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