Wednesday, May 21 2025 | Time 14:44 Hrs(IST)
Business EconomyPosted at: May 20 2025 6:31PM


Wheels India FY25 Net Profit crosses Rs.100 cr

Chennai, May 20 (UNI) Wheel manufacturer Wheels India Ltd., has registered a 56% increase in
its Net Profit for the year ended 31st March 2025 at Rs.105.9 crore compared to Rs. 67.9 crore registered in the same period the previous year.
The company registered revenues of Rs.4,425 crore for the year ended as against Rs.4619 crore.
The company has registered a Net Profit of Rs. 36 crore for the Q4 ended 31 st March 2025 as compared to Rs. 36.8 crore for the corresponding quarter of the previous year.
Revenues for Q4 went up 2.4 % to Rs.1,195 crore as compared to Rs. 1,167 crore in the corresponding period last year.
The Board of Directors of the company met in Chennai on Tuesday and recommended a final
dividend of Rs.7.03 per share.
Addressing a virtual press meet, Company MD Srivats Ram said, “Our focus on cost control measures, a favourable product mix and lower commodity prices led to a strong profit growth
in FY25 and we were able to cross Rs 100 crore of net profits last year."
"We have also been able to achieve a turnaround in profitability in our passenger car steel wheel subsidiary”, he said.
On revenue growth, Srivats said, “There was marginal growth in topline with growth in the domestic sales led by strong tractor wheel demand and growth in exports led by the windmill components. There is some momentum in demand going forward as well.”
On the outlook for the year, he said, “In FY25, there was a capex of Rs. 250 crore with the largest investment being in a plant for larger wheels for the tractor segment.
In the coming year (FY26), the capex will be similar with the largest investment being in adding capacity for manufacture of windmill components.”
On export growth, he said, “The company is setting the groundwork for growth in international markets over the next 3 years. The lead time in winning and developing a wider range of products
for this business is more than a year but the base is being built.”
UNI GV 1825
Tags: #Wheels India FY25 Net Profit crosses Rs.100 cr
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