Wheels India Limited — Updates, 05-08-2025: Press Release

Wheels India's Q1 Net Profit rose 4% to Rs. 26.44 Cr, with revenues up 9% to Rs. 1,187 Cr. Export revenues surged to Rs. 324 Cr, driving growth alongside strong domestic demand for air suspension systems. Strategically, the company established a new European subsidiary to leverage opportunities in auto and non-auto segments in the US and Europe. Management anticipates robust domestic tractor demand due to good monsoons. While monitoring US tariffs for short-term export impacts, the long-term export growth prospects remain positive.