Results - Announcements
Wheels India Ltd share price slipped 2.78% to Rs 2190.3. The Company's net profit jumped 54.45% to Rs 60.16 crore, while revenue from operations increased 14.75% to Rs 1710.95 crore in Q3FY26 over Q2FY26.
The market capitalization of Auto Components & Equipments industry group stocks on BSE stood at Rs 12.01 lakh crore, gaining 5.51%. It has inched up 5.16% over last one week and crept higher by 1.29% in last one month while the market capitalization of Wheels India Ltd has improved by 1.60% and 71.25% in the same period respectively.
Profit before tax (PBT) of Wheels India Ltd stood at Rs 79.31 crore in Q3 FY26, jumping 87.89% year-on-year, and rallying 44.75% quarter-on-quarter. EBITDA came in at Rs 116 crore, surging by 31.99% YoY and easing 5.61% sequentially.
Total expenses rose by 14.48% to Rs 1616.58 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 1239.3 crore, increasing 19.86% YoY, while employee benefits expense was at Rs 178.62 crore, expanding by 10.83% YoY.
For the TTM ended FY26, revenue from operations improved 15.19% to Rs 5464.94 crore, while net profit surged by 40.81% to Rs 157.98 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 36888% to Rs 390.04 crore, and PBT soared 40.37% to Rs 209.03 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 477.35 crore in FY26, as against Rs 400.47 crore in FY25.
Wheels India Ltd rallied 134.65% in last one year, significantly outperforming the benchmark BSE Sensex which has reduced by 12.76% during the same period.