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Wheels India Ltd Q1FY24; 18% rise in Profits

Wheels India is engaged in the Business of Manufacture of Road Wheels , Parts & Accessories for Machinery / Equipments used by construction and mining industries and Wind Turbine Parts.

Financial Results:

Wheels India Ltd reported Revenues for Q1FY24 of ₹1,124.00 Crores up from ₹1,053.00 Crore year on year, a rise of 6.74%.

Total Expenses for Q1FY24 of ₹1,111.00 Crores up from ₹1,043.00 Crores year on year, a rise of 6.52%.

Consolidated Net Profit of ₹13.00 Crores up 18.18% from ₹11.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹5.53, up 24.83% from ₹4.43 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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