AUTO
Wheels India Q1 Net Profit Rises 42% To ₹37 Cr, Revenue Hits ₹1,386 Cr
Auto components manufacturer Wheels India Ltd reported a strong performance for the first quarter of FY2026-27, with net profit rising 42% year-on-year on the back of healthy growth in domestic demand and exports, despite facing inflationary pressures on raw material costs. The Chennai-based company posted a net profit of ₹37 crore for the quarter ended […]
CW Bureau
·
Jul 28, 2026
AUTO
India Motor Parts Sees Aftermarket Growth On Rising Vehicle Population
The Indian automobile industry continues to be a key pillar of the nation’s economy, contributing around 6% to India’s GDP, while the auto component industry accounts for about 2.3% of GDP. The Indian automotive aftermarket is expected to witness sustained growth, driven by expanding service networks and increasing preference for genuine and reliable spare parts. […]
CW Bureau
·
Jul 22, 2026
AUTO
Wheels India Eyes ₹300 Cr Capex In FY27, Targets Double-Digit Growth
Wheels India plans to invest between ₹280 crore and ₹300 crore in capital expenditure during FY27 as the company sharpens focus on exports, windmill components, aluminium wheels and hydraulic cylinder businesses, Chairman and Managing Director Srivats Ram said during the company’s earnings call. The company had spent around ₹261 crore on capex in the previous […]
Sajan C Kumar
·
May 22, 2026
AUTO
How TSF-Bosch JV Could Reshape India’s CV Technology Ecosystem
The newly announced joint venture between Bosch Ltd and TSF Group companies Brakes India and Wheels India could mark a significant shift in how India’s commercial vehicle industry approaches braking, suspension and motion management systems in the coming years. While the announcement focuses on air systems for commercial vehicles, the larger significance lies in the […]
Sajan C Kumar
·
May 21, 2026
AUTO
Wheels India Q4 Net Profit Rises 44% On Strong Domestic Demand, Exports
Wheels India Ltd, one of the largest steel wheel manufacturers in the world, reported a 44% rise in standalone net profit for the March quarter at ₹52 crore compared with the year-ago period, supported by strong domestic demand and export growth. Total income during the quarter increased 23% to ₹1,471 crore. The board recommended a […]
CW Bureau
·
May 15, 2026
