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Wheels India

Wheels India starts exports of wheels with advanced flow form technology

The company said the flow form technology involves the application of pressure to the inner barrel of the wheel while spinning and after it has been casted

Wheels India starts exports of wheels with advanced flow form technology
Updated On : 16 Jan 2023 | 1:20 PM IST

Wheels India reports net profit at Rs 15.14 cr for July-September quarter

Wheels India Ltd, manufacturer of steel wheels for automobiles has reported net profit at Rs 15.14 crore during the quarter ending September 30, 2022, the company said on Tuesday. The company had reported net profits at Rs 21.2 crore during corresponding quarter previous year. For the half year ending September 30, 2022, the net profits of the company stood at Rs 25.8 crore as against Rs 31.3 crore registered in the corresponding period last year. Revenues for the quarter ending September 30, 2022 grew to Rs 1,109 crore as compared to Rs 911 crore registered in the same period last year. Revenues for the six-month period ending September 30, 2022 rose to Rs 2,166 crore as compared to Rs 1,586 crore recorded same period of last year. The revenue growth was driven by a good recovery in the domestic CV market. Exports have been impacted especially in retail segments in the United States and European Union, company Managing Director Srivats Ram said. The company has commenced product

Wheels India reports net profit at Rs 15.14 cr for July-September quarter
Updated On : 01 Nov 2022 | 6:45 PM IST

Railways floats tender for 80k 'Make in India' wheels every year: Vaishnaw

The Railways has drawn up a blueprint to become an exporter of wheels and on Friday a tender was floated to build a wheel plant which would manufacture at least 80,000 wheels every year, Railway Minister Ashwini Vaishnaw said on Friday. This is for the first time that the Railways has floated a tender to invite private players to build a wheel plant and make wheels for high speed trains in India, he said. Indian Railways needs two lakh wheels per year. According to the plan, while Steel Authority of India Limited (SAIL) will provide one lakh wheels, the rest will be provided by a new 'Make in India' plant. Addressing a press briefing, Vaishnaw said the tender will be awarded on the condition that the plant will be exporter of wheels too and the export market will be Europe. The tender mandates that the plant has to be set up within 18 months, Vaishnaw said. The wheels of the Vande Bharat train were stuck in war-torn Ukraine and had to be airlifted to meet the timelines set for thei

Railways floats tender for 80k 'Make in India' wheels every year: Vaishnaw
Updated On : 09 Sep 2022 | 4:10 PM IST

Wheels India reports 6% rise in Q1 net profit as CV demand rises

Senior executive says 'early signs of slowdown in global economy'

Wheels India reports 6% rise in Q1 net profit as CV demand rises
Updated On : 02 Aug 2022 | 3:41 PM IST

Wheels India expects demand for cast aluminium wheels to grow this year

Wheels India Ltd, manufacturers of wheels for automobiles on Thursday said it expects the demand for cast aluminium wheels to grow this year, according to a top company official

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Updated On : 14 Jul 2022 | 1:46 PM IST

Sensex ends choppy day 145 pts down; Vedant Fashions up 9%, SBI falls 2%

Among individual stocks, Bharti Airtel, M&M, HDFC, Kotak Bank, Nestle India, and Dr Reddy's Labs were the only Sensex gainers today

Sensex ends choppy day 145 pts down; Vedant Fashions up 9%, SBI falls 2%
Updated On : 16 Feb 2022 | 3:47 PM IST

Auto parts maker Wheels India Q2 net nearly triples to Rs 21 cr on growth

Revenue for Q2 went up 78% to Rs 911 crore from Rs 511 crore during the July-to-September period of 2020-21

Auto parts maker Wheels India Q2 net nearly triples to Rs 21 cr on growth
Updated On : 29 Oct 2021 | 3:07 PM IST

Wheels India net profit up 30% at Rs 12 cr in Q3, revenue rises 10%

During the third quarter, the Company began its first shipment of cast aluminum wheels to the US from its newly commissioned plant in Thervoy Kandigai

Wheels India net profit up 30% at Rs 12 cr in Q3, revenue rises 10%
Updated On : 29 Jan 2021 | 3:04 PM IST

Wheels India reports net profit of Rs 7.43 cr in September quarter

The company reported a revenue of Rs 510.84 crore in Q2FY21 compared to the Rs 595.63 crore reported in the same period last year

Wheels India reports net profit of Rs 7.43 cr in September quarter
Updated On : 30 Oct 2020 | 5:55 PM IST

Titan Europe likely to sell 10% stake in Wheels India valued at Rs 60 cr

The firm has been reducing stake gradually in the company

Titan Europe likely to sell 10% stake in Wheels India valued at Rs 60 cr
Updated On : 23 Jun 2020 | 11:56 AM IST

Wheels India Q2 net profit slips to Rs 226.7 mn, income rises 32.8%

The total income grew 32.8% to Rs 8.05 billion during the quarter

Wheels India Q2 net profit slips to Rs 226.7 mn, income rises 32.8%
Updated On : 14 Nov 2018 | 12:57 AM IST

Wheels India rallies 30% in two days as company mulls bonus issue plan

The stock hit a new high of Rs 2,690, up 11%, surging 30% in past two trading sessions after the company said its board will consider a bonus issue proposal in their meeting on Friday, June 22, 2018.

Wheels India rallies 30% in two days as company mulls bonus issue plan
Updated On : 20 Jun 2018 | 3:01 PM IST

Wheels India surges 20% as board mulls bonus issue proposal

The stock moved higher by 20% to Rs 2,424 on the NSE, after the company said that its board will meet on Friday, June 22, 2018 to consider a maiden bonus issue proposal.

Wheels India surges 20% as board mulls bonus issue proposal
Updated On : 19 Jun 2018 | 3:19 PM IST

Wheels India zooms 20% as Q2 profit more than doubles

The stock zoomed 20% to Rs 1,970, also its all-time high on the BSE.

Wheels India zooms 20% as Q2 profit more than doubles
Updated On : 07 Nov 2017 | 12:55 PM IST

Wheels India stock up by 16% as net profit doubles

WIL's net profit for the first half year ended September 2017 went up to Rs 38.48 crore from Rs 27.05 crore

Wheels India stock up by 16% as net profit doubles
Updated On : 07 Nov 2017 | 11:53 AM IST

Wheels India net profit up by 40.99 % at Rs 13.07 crore in Q2

Over 50% of Wheels India's revenue comes from wheels for the CVs and passenger cars

Wheels India net profit up by 40.99 % at Rs 13.07 crore in Q2
Updated On : 03 Nov 2016 | 6:38 PM IST