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Wheels India Reports ₹36.8 Crore Profit in Q4, Up 64.3%

Wheels India Reports ₹36.8 Crore Profit in Q4, Up 64.3%
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Latest News | Wheels India Records 64.3 Per Cent Rise in Q4 Net at Rs 36.8 Cr

Get latest articles and stories on Latest News at LatestLY. Wheels India Ltd has reported a 64.3 per cent rise in its net profit for the January-March 2024 quarter at Rs 36.8 crore on the back of exports doing well, the company said.
Latest News | Wheels India Records 64.3 Per Cent Rise in Q4 Net at Rs 36.8 Cr. ....

Tamil Nadu , Srivats Ram , Wheels India Ltd , Managing Director , Wheels India ,

Wheels India Ltd: Wheels India records 64.3 per cent rise in Q4 net at Rs 36.8 crore

Wheels India Ltd reported a 64.3% increase in net profit for the January-March 2024 quarter to Rs 36.8 crore, attributing the growth to strong export performance. The company s full-year net profits rose by 8.6% to Rs 67.9 crore. Managing Director Srivats Ram highlighted the success of exports, particularly in earthmover wheels, aluminum wheels, and hydraulic cylinders. Revenues remained steady at Rs 1,167 crore for the quarter and grew by 6.3% to Rs 4,619 crore for the full year. The Board recommended a dividend of Rs 7.39 per share. ....

Tamil Nadu , Srivats Ram , Wheels India Ltd , Managing Director , Wheels India ,

Wheels India earmarks INR 200cr capital expenditure plan for FY25, ET Auto

Wheels India reported a 64.3% increase in its net profits for the March 2024 quarter at INR 36.8 crore, as against INR 22.4 crore registered in the same period of last year. ....

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Wheels India's Q4 net profit surges 64%, shares jump nearly 20%

Wheels India reports 64.3% growth in net profit for Q4 2023-24, driven by exports and windmill castings machining. ....

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