Wheels India's Q2 FY 2025-26 Quarterly Results

Result Summary

• Wheels India Ltd reported a -0.0% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 7.7%.
• Its expenses for the quarter were up by -0.0% QoQ and 7.2% YoY.
• The net profit increased 3.9% QoQ and increased 30.0% YoY.
• The earnings per share (EPS) of Wheels India Ltd stood at 12.68 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

---

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Wheels India Ltd is a prominent player in the automotive components manufacturing industry, primarily producing steel wheels for passenger cars, commercial vehicles, and tractors. The company also manufactures air suspension products and components for construction and mining equipment. While specific recent developments for Wheels India Ltd are not available from the provided data, the company is known for its strong focus on quality and innovation. It operates in a competitive market, catering to both domestic and international clients, and is influenced by trends in the automotive and industrial sectors.

Revenue

In the second quarter of the fiscal year 2026 (Q2FY26), Wheels India Ltd reported a total income of ₹1,268.53 crores, which is almost unchanged compared to the previous quarter (Q1FY26), where the total income was ₹1,268.61 crores, representing a negligible quarter-over-quarter (QoQ) decrease of 0.0%. Compared to the second quarter of the previous fiscal year (Q2FY25), the total income increased by 7.7%, up from ₹1,177.46 crores. This year-over-year (YoY) growth in total income indicates a positive trend in revenue generation despite the relative stagnation in the recent quarter.

Profitability

Wheels India Ltd's profitability metrics for Q2FY26 show a profit before tax of ₹40.09 crores, a slight increase of 1.3% from the ₹39.57 crores recorded in Q1FY26. Year-over-year, this represents a substantial increase of 29.3% from the ₹31.00 crores recorded in Q2FY25. After accounting for taxes, the profit after tax for Q2FY26 stands at ₹31.78 crores, a rise of 3.9% QoQ from the ₹30.59 crores in Q1FY26, and a significant 30.0% YoY increase from ₹24.44 crores in Q2FY25. The earnings per share (EPS) also increased to ₹12.68 in Q2FY26, reflecting a 3.7% QoQ rise from ₹12.23 and a 26.8% YoY rise from ₹10.00 in Q2FY25. These figures demonstrate an upward trend in the company's profitability over the past year.

Operating Metrics

The total expenses for Wheels India Ltd in Q2FY26 were ₹1,228.44 crores, slightly decreasing by 0.0% from the ₹1,229.04 crores in Q1FY26. This stability in expenses, coupled with an increase in total income, contributed to the improved profitability metrics. When compared to Q2FY25, total expenses increased by 7.2% from ₹1,146.46 crores. The tax expense for Q2FY26 was ₹10.52 crores, marking a 1.4% increase QoQ from ₹10.37 crores and a 31.3% increase YoY from ₹8.01 crores in Q2FY25. These operating metrics indicate the company's ability to manage its expenses effectively while increasing its income and profitability.