Integrated Filing- Financial

Steel Strips Wheels Ltd. has announced a board meeting to discuss the financial results for the quarter and nine months ended December 31, 2024. The company's total income for the nine-month period exceeded ₹3200 crores, with Q3 revenue at ₹1077 crores.

Wheel volumes rose by 7.6% over the nine months and 10.7% in Q3, indicating robust demand.

EBITDA reached ₹362 crores with a margin of 11.3% for the period, while PAT for Q3 saw a 13% decrease, influenced by last year's tax transition effects.

This update suggests sustained growth potential, though investors should be mindful of the tax impact on earnings.