Wheels in Motion: Wheels India Races Past ₹100 Cr Profit Mark in FY25

Wheels India has posted a historic milestone with a historic net profit of ₹105.9 crore for the year ending March 31, 2025—a 56% surge from the previous year's ₹67.9 crore, and the company's first-ever crossing of the ₹100 crore barrier. This robust growth comes despite a 5% decline in revenue for the year to ₹4,425 crore, driven by stringent cost management, favorable product mix, and a turnaround at the passenger car steel wheel subsidiary, which registered profits after two years of losses.

 

The company board announced a final dividend of ₹7.03 a share as a return to shareholders for a record year. For the FY26 period, Wheels India plans to spend a ₹250 crore capital expenditure on scaling up windmill component manufacturing and creating exports, especially to the offshore wind market in Europe. The management is confident, crediting better demand for tractor wheels as also traction in the bus and truck segments as key growth drivers.

 

Source: The Hindu Business Line, UNI India, Economic Times