Steel Strips Wheels Q3 Results 2025 on 18 Jan, 2025: profit falls by 19.69% YOY, profit at ₹47.71 crore and revenue at ₹1074.68 crore | Company Business News

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%