Wheels India Ltd has informed BSE that the Company has fixed June 24, 2026 as the Record Date for the purpose of payment of Final Dividend.<BR><BR>The dividend, if approved by the members, ....
WHEELS · price
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Wheels India Limited's Board approved audited FY2025-26 results showing strong growth. Standalone revenue rose 15.5% to Rs. 5,098.35 Crores while consolidated revenue grew 15.2% to Rs. 5,464.94 Crores. Net profit increased 30.9% standalone to Rs. 138.56 Crores and 40.9% consolidated to Rs. 158.05 Crores. The Board recommended a final dividend of Rs. 9.14 per share (91.4% of face value) totaling Rs. 22.33 Crores, subject to shareholder approval at the AGM on July 1, 2026. Record date for dividend is June 24, 2026. The company also approved alteration of Articles of Association to align with Companies Act 2013.
The company delivered robust double-digit growth in both revenue and profits, indicating strong operational performance. The recommended dividend represents a healthy payout ratio, which is positive for income-focused investors. The company's earnings per share improved significantly to Rs. 56.71 standalone, supporting potential shareholder value.