Wheels India reports strong Q2 and half-year profit growth

Wheels India Limited reported a 26.69% rise in net profit to INR 28 crore for Q2 ended September 30, 2025, compared to INR 22 crore in the previous year. Revenues for the quarter grew by 8.63% to INR 1,179 crore from INR 1,085 crore. The company's half-year net profit increased by 14.6% to INR 54 crore, with half-year revenues reaching INR 2,366 crore, up 8.85% from INR 2,174 crore in the corresponding period last year.

Domestic demand for air suspension and tractor wheels fueled growth, while export revenues contributed INR 299 crore in Q2, marking a 15.6% increase over the previous year. Wheels India also strategically expanded its hydraulics business by entering into an alliance with SHPAC of South Korea, providing technical assistance and joint business development.

The company anticipates continued positive trends in exports and overall growth for the year, maintaining its planned capital expenditure based on the demand pipeline. The board of directors approved the unaudited financial results.