Wheels India Q2 net profit nearly doubles to ₹53.4 crore, sets ₹400-450 crore capex in FY27
Wheels India Ltd reported a 92% year-on-year increase in net profit to ₹53.4 crore for Q2 ended September 30, 2026. Revenue rose 36% to ₹1,598 crore, driven by a 30% increase in exports, particularly to the U.S. The company plans a capital expenditure of ₹400-450 crore for FY27, indicating strong growth prospects.