BusinessPhoto: Hindu BusinessWheels India Q2 Profit Doubles to ₹53.4 Crore, Plans ₹400-450 Crore Capex in FY27
Wheels India Ltd reported a 92% year-on-year net profit increase to ₹53.4 crore in Q2 ending September 30, 2026, with revenue up 36% to ₹1,598 crore. The company plans capital expenditure of ₹400–450 crore in FY27, up from about ₹250 crore annually, driven by strong demand. Chairman Srivats Ram cited capacity expansion needs. Wheels India also signed a pact with Japan's Topy Industries for aluminium alloy wheel technology.
Hindu Business··Chennai




