The Board of Directors of Wheels India Limited, in their meeting held on May 15, 2026, approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. For the quarter ended March 31, 2026, the company reported standalone revenue from operations of ₹1,462.13 Crores, reflecting a growth of 14.20% quarter-on-quarter (QoQ) from ₹1,280.33 Crores (as of December 31, 2025) and a 22.63% increase year-on-year (YoY) from ₹1,192.27 Crores (as of March 31, 2025). The standalone net profit for the same period stood at ₹52.30 Crores, demonstrating a significant QoQ growth of 63.18% from ₹32.05 Crores and a YoY growth of 45.32% from ₹35.99 Crores.

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Wheels India Limited is a prominent manufacturer of steel wheel rims and other automotive components, with a history spanning over five decades. Promoted by the TVS Group, the company operates 13 manufacturing facilities across India and supplies to a diverse client base including segments like passenger vehicles, commercial vehicles, tractors, and earthmoving equipment. Known for its strong market share in various automotive categories, the company has also diversified into industrial components, including wind turbine parts and hydraulic cylinders. In 2025, Wheels India continued to strengthen its market position, including entering a technical agreement with a South Korean firm for its hydraulic cylinder business in September 2025. The company maintains significant shareholding interest from institutional investors, with HDFC Asset Management Company Limited and Nippon Life India Asset Management Limited being notable shareholders as of March 2026.