Wheels India Reports Robust Q1 Performance with 8.3% Revenue Growth Aug 05, 2025
Steel Strips Wheels Secures ₹300 Crore Export Orders from European OEMs Aug 04, 2025
Wheels India Expands European Presence with New German Subsidiary Jul 18, 2025
More news about Wheels
13Jul 25
Wheels India Expands European Presence with New Subsidiary Investment
Wheels India Ltd has invested 50,000 euros in its newly formed subsidiary, WIL Europe GmbH, to strengthen its presence in the European market. The subsidiary, currently in the formation stage, will focus on automotive and non-automotive activities, supply chain management, and allied services. This strategic move aims to expand Wheels India's global footprint and optimize its operations in Europe.
25Jun 25
Wheels India Approves ₹22.68 Crore Investment in Axles India Shares
Wheels India, a leading manufacturer of commercial vehicle wheels, has approved the purchase of shares in Axles India for ₹22.68 crore. This strategic investment aims to strengthen Wheels India's position in the automotive components sector. The move suggests potential vertical integration, product diversification, and market expansion for Wheels India. The company's stable financial position, with total assets of ₹2,861.40 crore and total equity of ₹794.10 crore, supports this strategic investment.
20May 25
Wheels India Reports Q4 Results: EBITDA Rises, Dividend Declared
Wheels India reported Q4 financial results with improved EBITDA of ₹1.03 billion, up from ₹973.00 million year-over-year. EBITDA margin increased to 8.09% from 7.66%. Revenue remained stable at ₹13.00 billion. However, consolidated net profit slightly decreased to ₹382.00 million from ₹385.00 million. The company declared a dividend of ₹7.03 per share.