Wheels India Q1 FY27 net profit up about 42 percent to Rs 37 Cr, revenue up 16.8 percent
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 Q1 FY27 (ended June 30, 2026) net profit of Rs 37 Crore, up from Rs 26 Crore in Q1 FY26, about 42 percent growth. Revenue rose 16.8 percent to Rs 1,386 Crore from Rs 1,187 Crore. Exports grew 17.3 percent to Rs 380 Crore. CMD Srivats Ram credited growth to momentum in domestic cars, trucks and agri tractors post GST 2.0 reforms, plus strong exports of construction equipment wheels. Material cost faced inflationary pressure from the West Asia crisis. Outlook positive for Q2.
Strong profit and revenue growth with positive management outlook for Q2, though West Asia driven material cost inflation flagged as a watchpoint.