Steel Strips Wheels zooms on robust Q2 earnings,
Mumbai, Oct. 23 -- Revenue from operations increased 60.75% YoY to Rs 1,929.92 crore in the quarter ended 30th September 2026.
Profit before tax (PBT) soared 225.17% to Rs 156.34 crore in Q2 FY27.
Total expenses increased 56.57% YoY to Rs 1,774.51 crore in Q2 FY27, compared with Rs 1,133.34 crore in Q2 FY26. Cost of material consumed stood at Rs 1313.60 crore (up 71.73% YoY), finance cost stood at Rs 35.21 crore (up 10.2% YoY) during the period under review.
For the half-year ended 30 September 2026, the company reported a consolidated net profit of Rs 186.40 crore, up 125.24% from Rs 82.76 crore in H1 FY26. Revenue from operations increased 44.08% YoY to Rs 3,439.74 crore in H1 FY27, compared with Rs 2,387.35 crore in H1 FY26.
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