Wheels India rises on Q1 earnings growth

Wheels India

05/08/2025 09:26

** Wheels India WHEL.NS rises 4.03% to 784 rupees

** Steel and aluminum wheels manufacturer reports 4% y/y rise in net profit

** Revenue grows 9%, led by strong domestic demand for air suspension systems from bus manufacturers

** Co flags strong export demand; expects robust demand for tractors in domestic segment on the back of good monsoons

** YTD, WHEL gains 13.14%

 (Reporting by Ananta Agarwal in Bengaluru)

 ((Ananta.Agarwal@thomsonreuters.com))