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Steel Strips Wheels - Quaterly Results

17 Jan 2024 Evaluate
The company witnessed a 18.31% growth in the revenue at Rs. 11103.03 millions for the quarter ended December 2023 as compared to Rs. 9384.42 millions during the year-ago period.Net Profit recorded in the quarter ended December 2023 rise to 36.03% to Rs. 595.35  millions  compared to R. 437.66 millions in corresponding previous quarter.The company reported a good operating profit of 1183.75 millions compared to 1099.21 millions of corresponding previous quarter.


(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
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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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