{"id":155602,"date":"2023-11-01T08:46:19","date_gmt":"2023-11-01T12:46:19","guid":{"rendered":"https:\/\/44.250.171.167\/?p=155602"},"modified":"2023-11-01T08:46:20","modified_gmt":"2023-11-01T12:46:20","slug":"wheels-india-ltd-q2fy24-69-fall-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/wheels-india-ltd-q2fy24-69-fall-in-profits\/","title":{"rendered":"Wheels India Ltd Q2FY24; 69% fall in Profits"},"content":{"rendered":"\n<p>Wheels India is engaged in the Business of Manufacture of Road Wheels , Parts &amp; Accessories for Machinery \/ Equipments used by construction and mining industries and Wind Turbine Parts.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Financial Results:<\/h2>\n\n\n\n<p>Wheels India Ltd reported Revenues for Q2FY24 of \u20b91,283.78 Crores up from \u20b91,184.50 Crore year on year, a rise of 8.38%.<\/p>\n\n\n\n<p>Total Expenses for Q2FY24 of \u20b91,287.76 Crores up from \u20b91,172.09 Crores year on year, a rise of 9.87%.<\/p>\n\n\n\n<p>Consolidated Net Profit of \u20b93.18 Crores down 68.88% from \u20b910.22 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is \u20b91.81, down 61.65% from \u20b94.72 in the same quarter of the previous year.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-3-839x1024.png\" alt=\"\" class=\"wp-image-155604\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-3-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-3-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-3-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-3-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-3.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\n\n\n\n<p>*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.<\/p>\n\n\n\n<p>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/app.asai.alphastreet.io\/test-drive\/dashboard?utm_source=IN_WordPress&amp;utm_medium=IN_WordPress&amp;utm_campaign=IN_WordPress&amp;utm_id=IN_WordPress\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"870\" height=\"321\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/ASAI-Product-2.gif\" alt=\"\" class=\"wp-image-155601\"\/><\/a><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Wheels India is engaged in the Business of Manufacture of Road Wheels , Parts &amp; Accessories for Machinery \/ Equipments used by construction and mining industries and Wind Turbine Parts. Financial Results: Wheels India Ltd reported Revenues for Q2FY24 of \u20b91,283.78 Crores up from \u20b91,184.50 Crore year on year, a rise of 8.38%. Total Expenses [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":155604,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392],"tags":[10464,13465,12510],"class_list":["post-155602","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","tag-construction-materials","tag-road-wheels","tag-wind-turbines"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-3.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":156712,"url":"https:\/\/alphastreet.com\/india\/steel-strips-wheels-ltd-q2fy24-5-fall-in-profits\/","url_meta":{"origin":155602,"position":0},"title":"Steel Strips Wheels Ltd Q2FY24; 5% fall in Profits","author":"Chirag Gupta","date":"November 27, 2023","format":false,"excerpt":"Steel Strips Wheels Ltd was incorporated in 1985 and started its operations in 1991. It designs, manufactures, and supplies Steel Wheel Rims and Alloy Wheels for a wide range of domestic and global automobile makers. It is Headquarter in Chandigarh. Financial Results: Steel Strips Wheels Ltd reported Revenues for Q2FY24\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-337.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-337.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-337.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-337.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-337.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-337.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":150761,"url":"https:\/\/alphastreet.com\/india\/wheels-india-ltd-q1fy24-18-rise-in-profits\/","url_meta":{"origin":155602,"position":1},"title":"Wheels India Ltd Q1FY24; 18% rise in Profits","author":"Chirag Gupta","date":"August 1, 2023","format":false,"excerpt":"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 \u20b91,124.00 Crores up from \u20b91,053.00 Crore year on year, a\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-37.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-37.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-37.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-37.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-37.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-37.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":156739,"url":"https:\/\/alphastreet.com\/india\/steelcast-ltd-q2fy24-6-rise-in-profits\/","url_meta":{"origin":155602,"position":2},"title":"Steelcast Ltd Q2FY24; 6% rise in Profits","author":"Chirag Gupta","date":"November 28, 2023","format":false,"excerpt":"Steelcast Limited (SCL) is engaged in the business of manufacturing Steel and Alloy Steel Castings catering to a host of OEMs for diverse industrial sectors. Financial Results: Steelcast Ltd reported Revenues for Q2FY24 of \u20b9102.00 Crores down from \u20b9121.00 Crore year on year, a fall of 15.7%. Total Expenses for\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-346.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-346.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-346.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-346.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-346.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-346.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":156534,"url":"https:\/\/alphastreet.com\/india\/alicon-castalloy-ltd-q2fy24-1-rise-in-revenue\/","url_meta":{"origin":155602,"position":3},"title":"Alicon Castalloy Ltd Q2FY24; 1% rise in Revenue","author":"Divyansh_Kasana","date":"November 22, 2023","format":false,"excerpt":"Alicon Castalloy manufactures aluminium castings including cylinder heads, support brackets, intake manifolds, crankshafts, and engine brackets for the auto industry. It has a presence in 18 countries and is a part of Alicon Group.The co. was established as Enkei Castalloy Ltd, a joint venture between Pegasus Castalloy Ltd and Enkei\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-285.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-285.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-285.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-285.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-285.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-285.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":156647,"url":"https:\/\/alphastreet.com\/india\/man-infraconstruction-ltd-q2fy24-3-rise-in-profits\/","url_meta":{"origin":155602,"position":4},"title":"Man Infraconstruction Ltd Q2FY24; 3% rise in Profits","author":"Hardik Bhandare","date":"November 27, 2023","format":false,"excerpt":"Man Infraconstruction Limited (MICL) is an integrated EPC (Engineering, Procurement & Construction) company with experience and execution capabilities in Port, Residential, Commercial & Industrial and Road construction segments. Financial Results: Man Infraconstruction Ltd reported Revenues for Q2FY24 of \u20b9215.00 Crores down from \u20b9401.00 Crore year on year, a fall of\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-316.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-316.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-316.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-316.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-316.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-316.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":155705,"url":"https:\/\/alphastreet.com\/india\/inox-wind-energy-ltd-q2fy24-244-rise-in-revenue\/","url_meta":{"origin":155602,"position":5},"title":"Inox Wind Energy Ltd Q2FY24; 244% rise in Revenue","author":"Hardik Bhandare","date":"November 2, 2023","format":false,"excerpt":"Inox Wind Energy Ltd is engaged in generation and sale of wind energy, provide services for Erection, procurement and commissioning (EPC) of wind farms and holding strategic business interest in renewables. Financial Results: Inox Wind Energy Ltd reported Revenues for Q2FY24 of \u20b9371.00 Crores up from \u20b9108.00 Crore year on\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-37.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-37.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-37.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-37.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-37.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-37.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/155602","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1863"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=155602"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/155602\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/155604"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=155602"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=155602"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=155602"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}