Wheels India Limited has informed the Exchange regarding 'updates'.
WHEELS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Wheels India reported FY25 consolidated revenue of ₹4,744.40 Cr, down about 4.7% from ₹4,977.30 Cr in FY24. Despite the top-line decline, net profit jumped sharply to ₹112.19 Cr from ₹58.90 Cr, a growth of roughly 90%, helped by lower raw material costs and better operating efficiency. On a standalone basis, revenue fell to ₹4,415.33 Cr while net profit rose to ₹105.85 Cr from ₹67.87 Cr. The Automotive Components segment saw revenue dip but margins expand meaningfully, while the Industrial Components segment posted modest revenue growth. The Board has recommended a final dividend of ₹7.03 per share (70.30%) for FY25.
Positive for shareholders — strong profit growth and a healthy dividend despite weaker revenue signal operational improvement. The contrast between falling revenue and rising profit is the key takeaway, and may support the stock in the near term.