Steel Strips Wheels Q1 profit jumps 43%; revenue up 27%

Steel Strips Wheels reported Q1 FY27 revenue of ₹1,509.80 crore, up 27.2% YoY, while PAT rose 43.3% to ₹71.50 crore. EBITDA increased 33% to ₹162.30 crore, with margin improving to 10.7%. The company has an operational capacity of over 25 million wheels annually and plans to expand alloy wheel capacity to 6.2 million units during FY27.