Archive · 5 Aug 2025
Wheels India Q1 FY26 Net Profit Up 4% to ₹26 Crore
Wheels India, a company that makes wheels, made more money this past quarter!
Their profits went up a little bit.
They also sold more stuff, which brought in more money overall.
They sold a lot of wheels to other countries.
The company also opened a new office in Europe to help them sell even more wheels in the future.
They expect to do well in the coming months despite potential problems with tariffs on goods.
Wheels India's Q1 FY26 net profit increased by 4% to ₹26 crore.
Revenues for the quarter rose by 9% to ₹1,187 crore.
Exports for the quarter exceeded ₹300 crore, reaching ₹324 crore.
Demand from export customers drove the revenue growth.
Wheels India established a European subsidiary to boost business development.
- Who
- Wheels India Ltd.
- What
- Wheels India's net profit increased by 4% to ₹26 crore in Q1 FY26.
- When
- For the quarter ended June 2025 (Q1FY26).
- Where
- The company has set up a subsidiary in Europe.
- Why
- Revenue growth was driven by demand from export customers and the domestic bus market.
- Company
- Wheels India Ltd
- Net Profit (Q1 FY26)
- ₹26 crore
- Revenue (Q1 FY26)
- ₹1,187 crore
- Export Revenue
- ₹324 crore
- European Subsidiary
- Established