Wheels India Limited has informed the Exchange that Record date for the purpose of Dividend is 10-Jul-2025.
WHEELS · price
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Wheels India reported its audited FY25 (year ended March 31, 2025) results with standalone revenue from operations of Rs. 4,415.33 Cr, down from Rs. 4,607.11 Cr in FY24. Despite the topline dip, standalone net profit jumped to Rs. 105.85 Cr from Rs. 67.87 Cr, a growth of around 56%, and consolidated net profit rose to Rs. 112.19 Cr from Rs. 58.90 Cr. The Board has recommended a final dividend of Rs. 7.03 per share (70.3% on face value of Rs. 10), subject to shareholder approval at the 66th AGM on July 17, 2025. The record date for the dividend is July 10, 2025, and the dividend will be paid on or before August 15, 2025. The statutory auditor Brahmayya & Co. issued an unmodified opinion on both standalone and consolidated results.
A clear margin expansion story: profit nearly doubled on a modest revenue decline, suggesting better cost control or favourable mix, which is positive for shareholders. The healthy 70.3% dividend adds to the income appeal, though the falling top-line bears watching in coming quarters.