Auto Parts & Equipment company Wheels India announced Q1FY26 results Revenues for Q1FY26 went up 9% to Rs 1,187 crore as compared to Rs 1,088 crore registered in Q1FY25. Aet profit for the Q1FY26 at Rs 26.44 crore as compared to Rs 25.37 crore registered in Q1FY25. The company’s export revenues for the Q1FY26 Rs 324 crore from overseas markets compared to Rs 259 crore registered in Q1FY25. Srivats Ram, MD, Wheels India said: “Our revenue growth in the first quarter was driven by demand from export customers. In the domestic market, there was strong demand for our air suspension systems from bus customers.” “The subsidiaries in the US and Europe are part of our long-term strategy to focus on and leverage the opportunities in these two geographies in both the auto and non-auto segments. While we already have customers in these regions, we believe that local presence will enable us to better service their requirements and build a foundation on which business can grow over the next 3-5 years” “In the domestic market, we expect a strong tractor demand given the good monsoons this year. On the export market, given the headwinds related to US tariffs, we have to wait and watch as to how these unfold and play out for us to see what kind of an impact it will have in the short-term. But we are positive on the export growth prospects over the long term.” Result PDF