Net profit of Wheels India rose 72.38% to Rs 38.51 crore in the quarter ended March 2024 as against Rs 22.34 crore during the previous quarter ended March 2023. Sales rose 1.65% to Rs 1271.48 crore in the quarter ended March 2024 as against Rs 1250.90 crore during the previous quarter ended March 2023.For the full year,net profit rose 13.41% to Rs 62.77 crore in the year ended March 2024 as against Rs 55.35 crore during the previous year ended March 2023. Sales rose 7.26% to Rs 4977.30 crore in the year ended March 2024 as against Rs 4640.25 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales1271.481250.90 2 4977.304640.25 7 OPM %7.665.56 -5.344.75 - PBDT72.1444.90 61 159.76140.24 14 PBT50.2925.93 94 74.8565.86 14 NP38.5122.34 72 62.7755.35 13 Powered by Capital Market - Live News

Wheels India announced that the Board of Directors of the Company at its meeting held on 20 May 2024, has recommended a Final dividend of Rs.7.39 per share (i.e.73.9%), subject to the approval of the shareholders.Powered by Capital Market - Live News

Wheels India will hold a meeting of the Board of Directors of the Company on 20 May 2024Powered by Capital Market - Live News

Wheels India has received credit ratings from India Ratings and Research as under:Fund based / non fund based working capital limit (Rs 660 crore) - IND A/ Stable / IND A1Non fund based working capital limit (Rs 300 crore) - IND A1Fixed deposit (Rs 250 crore) - IND A/ Stable Term loan (Rs 90 crore) - IND A/ Stable Powered by Capital Market - Live News

Wheels India has incorporated a wholly owned subsidiary in the name of WIL USD Inc. in the state of Delaware, United States of America. Powered by Capital Market - Live News