Steel Strips Wheels Q3 Results 2025:Steel Strips Wheels declared their Q3 results for 2025 on 17 Jan, 2025. The company reported a topline decrease of 3.21% year-over-year (YoY), with profit falling by 19.69% YoY, amounting to ₹47.71 crore and total revenue reaching ₹1074.68 crore.
In comparison to the previous quarter, the revenue saw a decline of 1.86%, while profit showed a slight increase of 3.47%. The Selling, general & administrative expenses rose by 2.19% quarter-on-quarter (q-o-q) and increased by 7.81% YoY, which may have contributed to the overall decline in profit.
Additionally, the operating income was down by 1.45% q-o-q and decreased by 4.01% YoY. The Earnings Per Share (EPS) for Q3 stood at ₹3.04, reflecting a drop of 19.79% YoY.
Steel Strips Wheels has delivered a 2.73% return over the last week, but has seen a notable decline of 14.27% over the past six months and a modest gain of 3.69% year-to-date (YTD).
As of 18 Jan, 2025, Steel Strips Wheels boasts a market capitalization of ₹3211.87 crore, with its 52-week high at ₹289.5 and low at ₹188.85.
Currently, out of the two analysts covering the company, one has issued a Buy rating while the other has given a Strong Buy rating. The consensus recommendation on 18 Jan, 2025, leans towards Strong Buy.
Steel Strips Wheels Financials
| Period | Q3 (FY25) | Q2 (FY25) | Q-o-Q Growth | Q3 (FY24) | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 1074.68 | 1095.1 | -1.86% | 1110.3 | -3.21% |
| Selling/ General/ Admin Expenses Total | 96.92 | 94.84 | +2.19% | 89.9 | +7.81% |
| Depreciation/ Amortization | 27.46 | 27.54 | -0.29% | 22.5 | +22.04% |
| Total Operating Expense | 984.28 | 1003.36 | -1.9% | 1016.12 | -3.13% |
| Operating Income | 90.4 | 91.73 | -1.45% | 94.18 | -4.01% |
| Net Income Before Taxes | 64.35 | 61.92 | +3.92% | 70.67 | -8.94% |
| Net Income | 47.71 | 46.11 | +3.47% | 59.41 | -19.69% |
| Diluted Normalized EPS | 3.04 | 2.93 | +3.75% | 3.79 | -19.79% |
Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff.
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