Wheels India Q1 FY27: net profit jumps 27% on higher revenue
WHEELS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 3.9 pts less than Nifty Microcap 250 and 4.4 pts less than its Auto Components & Equipments peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Wheels India posted standalone revenue of Rs 1,380.43 cr in Q1 FY27 vs Rs 1,182.87 cr YoY, up about 16.7%. Standalone net profit rose 40% to Rs 37.04 cr from Rs 26.44 cr. Consolidated revenue grew 17.8% to Rs 1,491 cr; consolidated net profit rose 27.3% to Rs 38.94 cr from Rs 30.59 cr. Both Automotive and Industrial Components segments showed growth. Statutory auditor Brahmayya and Co issued an unmodified limited review report.
Strong start to the year with double-digit revenue growth and over 25% PAT growth. Positive read for shareholders.