Wheels India Ltd. News and Updates

Auto Parts & Equipment company Wheels India announced Q2FY26 results Revenues for Q2FY26 went up 8.63% to Rs 1,179 crore as compared to Rs 1,085 crore registered in the Q2FY25. Net Profit for Q2FY26 at Rs 28 crore as compared to Rs 22 crore registered in Q2FY25, change 26.69%. Srivats Ram, MD, Wheels India, said: “ Strong demand growth in Air Suspension and Tractor wheels powered the growth in domestic segment while exports continued to do well .” “The Strategic alliance with SHPAC is a significant development in the quarter and we expect this alliance to drive the revenues of the Hydraulics business over the next couple of years.” “Based on the demand pipeline, we are sticking to the planned Capex for the year. We expect the positive trend in exports to continue in the second half and are hopeful of a good overall growth this year.” Result PDF

57.34% Gain from 52W Low

Wheels India Ltd. News and Updates

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