Wheels India Q1 Net Profit up 4% at Rs. 26.44 Crore, Revenues up 9% to Rs.1,187 Crore

Wheels India Ltd. has registered a 4% rise in its net profit for the Q1 ended 30th June 2025 at Rs. 26.44 crore as compared to Rs. 25.37 crore registered in the corresponding quarter of the previous year. Revenues for Q1 ended 30th June 2025 went up 9% to Rs. 1,187 crore as compared to Rs. 1,088 crore registered in the same period last year. The company’s export revenues for the first quarter were Rs. 324 crores from overseas markets compared to Rs. 259 crores registered in the same period last year. The company has recently set up a subsidiary in Europe with a share capital of 50,000 Euros and expects this to drive the business development in the region. The outlook for the company is positive with strong tractor demand expected in the domestic market due to good monsoons and positive growth prospects over the long term in the export market.