Wheels India Limited reported a 26.69 percent increase in net profit for the quarter ended 30 September 2025, reaching INR 280 million compared with INR 220 million in the same period last year. Revenue for the quarter rose 8.63 percent to INR 11.79 billion from INR 10.85 billion in the corresponding period of the previous year.
According to a press release issued by the company, export revenue during the quarter stood at INR 2.99 billion, marking a growth of 15.6 percent over the same period last year, supported by steady demand from international markets despite a challenging global environment.
“Strong demand growth in air suspension and tractor wheels powered the growth in the domestic segment while exports continued to do well,” said Srivats Ram, Managing Director of Wheels India.
For the six months ended 30 September 2025, net profit rose 14.6 percent to INR 540 million compared with INR 470 million in the same period last year. Revenue for the first half of the financial year increased 8.85 percent to INR 23.66 billion from INR 21.74 billion a year earlier.
During the period, the company entered into a strategic alliance with SHPAC of South Korea for technical assistance and joint business development in the hydraulic cylinder business. “The strategic alliance with SHPAC is a significant development in the quarter, and we expect this alliance to drive the revenues of the hydraulics business over the next couple of years,” said Srivats.
On the outlook for the second half of the financial year, Srivats stated, “Based on the demand pipeline, we are sticking to the planned capital expenditure for the year. We expect the positive trend in exports to continue and are hopeful of good overall growth this year.”
Wheels India manufactures wheels for trucks, agricultural tractors, passenger vehicles, and construction equipment, as well as air suspension systems and industrial components for the construction and windmill sectors. The company operates manufacturing facilities in Tamil Nadu, Maharashtra, Uttar Pradesh, and Uttarakhand.