Wheels India quarterly results

Q2 FY27 · Jul–Sep 2026

₹ crore	Q2 FY27	Q2 FY26	Change
Revenue	1,711	1,264	+35.4%
EBITDA	128	92.6	+38.5%
EBITDA margin	7.5%	7.3%	+0.2 pts
Profit before tax	75.6	40.1	+88.5%
Net profit	60.2	31.8	+89.3%
EPS	₹24.21	₹12.68	+90.9%

Every quarter

₹ crore except per share

Tap a line for its trend	Q2 FY27Sep 2026	Q1 FY27Jun 2026	Q4 FY26Mar 2026	Q3 FY26Dec 2025	Q2 FY26Sep 2025	Q1 FY26Jun 2025	Q4 FY25Mar 2025	Q3 FY25Dec 2024	Q2 FY25Sep 2024	Q1 FY25Jun 2024	Q4 FY24Mar 2024	Q3 FY24Dec 2023	Earlier quartersAlpha Plus

Expenses
	1,711	1,491	1,564	1,371	1,264	1,266	1,277	1,125	1,176	1,166	1,271	1,210	Earlier quartersEvery year the company has filed comes with Alpha Plus.
	12.0	1.8	8.8	6.4	4.6	3.1	1.0	1.9	1.0	2.0	3.0	0.8
	1,723	1,493	1,573	1,378	1,269	1,269	1,278	1,127	1,177	1,168	1,275	1,211
	1,239	1,034	1,028	932	938	841	865	774	835	790	900	882
	−49.4	−31.1	20.7	20.7	−77.5	31.8	10.0	−1.2	−0.4	42.2	0.8	−6.5
	179	161	153	152	147	140	135	124	124	124	125	127
	30.8	28.6	29.1	30.4	29.6	30.7	30.4	30.9	30.8	29.5	30.6	30.4
	33.8	32.9	32.0	29.3	27.5	26.5	24.0	24.1	22.7	22.5	21.9	21.3
	214	215	236	167	164	159	164	143	134	130	148	148
	1,647	1,441	1,499	1,331	1,228	1,229	1,228	1,095	1,146	1,138	1,227	1,202
	128	112	126	100	92.6	93.7	103	85.1	83.5	79.5	97.4	60.2
	94.4	78.9	94.4	70.9	65.1	67.2	79.4	61.1	60.8	57.0	75.5	38.8
Profit
	75.6	52.1	74.0	46.9	40.1	39.6	49.9	32.0	31.0	29.5	47.9	9.2
	75.6	52.1	74.0	46.9	40.1	39.6	49.9	32.0	31.0	29.5	47.9	9.2
	17.7	11.0	15.8	10.1	5.5	9.4	10.1	5.5	5.6	7.3	4.9	5.3
	1.5	4.9	2.7	1.5	5.0	1.0	2.9	2.5	2.4	0.4	7.1	−3.3
	19.2	15.8	18.5	11.6	10.5	10.4	13.0	8.0	8.0	7.7	12.0	2.0
	3.8	2.7	3.3	1.6	2.2	1.4	1.7	1.4	1.5	2.0	2.4	1.5
	60.2	38.9	58.8	36.9	31.8	30.6	38.6	25.5	24.4	23.7	38.3	8.8
	56.4	36.3	55.5	35.3	29.6	29.2	36.9	24.0	23.0	21.7	35.9	7.2
	−4.7	−2.1	−1.2	−1.9	−0.7	−1.6	0.2	0.4	0.3	−0.5	1.1	0.5
	55.4	36.9	57.6	35.0	31.1	29.0	38.7	25.9	24.7	23.2	39.4	9.3
	—	—	58.8	36.9	31.0	30.6	38.6	25.0	24.0	23.6	38.5	—
	0.0	0.0	0.0	0.0	0.8	0.0	0.0	0.4	0.4	0.1	−0.2	0.0
Per share
	₹24.21	₹15.68	₹23.78	₹14.76	₹12.68	₹12.23	₹15.77	₹10.25	₹10.00	₹9.66	₹15.76	₹4.14
	₹24.21	₹15.68	₹23.78	₹14.76	₹12.68	₹12.23	₹15.77	₹10.25	₹10.00	₹9.66	₹15.76	₹4.14
Other comprehensive income — detail
	−4.7	−2.1	−1.2	−1.9	−0.7	−1.6	0.2	—	—	—	—	—
	−6.3	−2.8	−1.6	−2.5	−1.0	−2.1	0.2	0.6	0.4	−0.7	1.6	0.7
	−1.6	−0.7	−0.4	−0.6	−0.2	−0.5	0.1	—	—	—	—	—
	—	—	—	—	—	—	—	0.1	0.1	−0.2	0.4	0.2
	—	—	—	—	—	—	—	—	0.0	0.0	0.0	—
	—	—	—	—	30.3	—	38.6	25.5	24.3	23.1	39.6	10.6
	—	—	—	—	0.8	—	0.0	0.4	0.4	0.1	−0.2	−1.4
Per share — as-filed variants
	₹24.21	₹15.68	₹23.78	₹14.76	₹12.68	₹12.23	₹15.77	₹10.25	₹10.00	₹9.66	₹15.76	₹4.14
	₹24.21	₹15.68	₹23.78	₹14.76	₹12.68	₹12.23	₹15.77	₹10.25	₹10.00	₹9.66	₹15.76	₹4.14
Derived — gross profit (revenue − materials − purchases − Δ inventories)
	521	488	515	419	403	392	402	353	342	333	370	335
	30.5%	32.7%	32.9%	30.5%	31.9%	31.0%	31.5%	31.3%	29.0%	28.6%	29.1%	27.7%
Adjusted (ex-exceptional items) — derived
	75.6	52.1	74.0	46.9	40.1	39.6	49.9	32.0	31.0	29.5	47.9	9.2
	60.2	38.9	58.8	36.9	31.8	30.6	38.6	25.5	24.4	23.7	38.3	8.8
	₹24.21	₹15.68	₹23.78	₹14.76	₹12.68	₹12.23	₹15.77	₹10.25	₹10.00	₹9.66	₹15.76	₹4.14

Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

WHEELS₹2,196.80

Wheels India Limited

· Auto & Mobility

Annual Quarterly₹ CrorePeersDIVGIITTS SANDHAR UNIPARTS JTEKTINDIA FMGOETZE CARRARO MMFL NRBBEARINGMcap ₹5,367 Cr

View

In ₹ Crore except Per Share 3 Months Ending	Q3 FY24 31/12/2023	Q4 FY24 31/03/2024	Q1 FY25 30/06/2024	Q2 FY25 30/09/2024	Q3 FY25 31/12/2024	Q4 FY25 31/03/2025	Q1 FY26 30/06/2025	Q2 FY26 30/09/2025	Q3 FY26 31/12/2025	Q4 FY26 31/03/2026	Q1 FY27 30/06/2026	Q2 FY27 30/09/2026
Revenue from Operations	1,210.4	1,271.5	1,165.9	1,176.5	1,124.9	1,277.2	1,265.5	1,264.0	1,371.5	1,564.0	1,491.0	1,711.0
Other Income	0.8	3.0	2.0	1.0	1.9	1.0	3.1	4.6	6.4	8.8	1.8	12.0
Total Income	1,211.2	1,274.5	1,167.9	1,177.5	1,126.7	1,278.1	1,268.6	1,268.5	1,377.8	1,572.8	1,492.8	1,723.0
Expenses
+ Cost of Materials Consumed	881.7	900.2	790.4	835.2	773.5	864.8	841.3	938.5	932.3	1,028.0	1,034.0	1,239.3
+ Changes in Inventories	-6.5	0.8	42.2	-0.4	-1.2	10.0	31.8	-77.5	20.7	20.7	-31.1	-49.4
+ Employee Benefit Expense	126.9	124.7	123.7	123.8	124.4	135.3	140.1	146.7	151.7	152.6	161.2	178.6
+ Finance Costs	30.4	30.6	29.5	30.8	30.9	30.4	30.7	29.6	30.4	29.1	28.6	30.8
+ Depreciation & Amortisation	21.3	21.9	22.5	22.7	24.1	24.0	26.5	27.5	29.3	32.0	32.9	33.8
+ Other Expenses	148.1	148.4	130.2	134.4	143.0	163.8	158.6	163.7	166.6	236.4	215.1	214.2
Total Expenses	1,202.0	1,226.6	1,138.4	1,146.5	1,094.7	1,228.2	1,229.0	1,228.4	1,330.9	1,498.7	1,440.7	1,647.4
EBITDA	60.2	97.4	79.5	83.5	85.1	103.3	93.7	92.6	100.2	126.4	111.8	128.2
EBIT	38.8	75.5	57.0	60.8	61.1	79.4	67.2	65.1	70.9	94.4	78.9	94.4
Profit
PBT before Exceptional Items	9.2	47.9	29.5	31.0	32.0	49.9	39.6	40.1	46.9	74.0	52.1	75.6
Pretax Income	9.2	47.9	29.5	31.0	32.0	49.9	39.6	40.1	46.9	74.0	52.1	75.6
+ Current Tax	5.3	4.9	7.3	5.6	5.5	10.1	9.4	5.5	10.1	15.8	11.0	17.7
+ Deferred Tax	-3.3	7.1	0.4	2.4	2.5	2.9	1.0	5.0	1.5	2.7	4.9	1.5
Tax Expense	2.0	12.0	7.7	8.0	8.0	13.0	10.4	10.5	11.6	18.5	15.8	19.2
+ Share of Associates & JVs	1.5	2.4	2.0	1.5	1.4	1.7	1.4	2.2	1.6	3.3	2.7	3.8
Net Income	8.8	38.3	23.7	24.4	25.5	38.6	30.6	31.8	36.9	58.8	38.9	60.2
+ Net Income — Continuing Ops	7.2	35.9	21.7	23.0	24.0	36.9	29.2	29.6	35.3	55.5	36.3	56.4
+ Other Comprehensive Income	0.5	1.1	-0.5	0.3	0.4	0.2	-1.6	-0.7	-1.9	-1.2	-2.1	-4.7
Total Comprehensive Income	9.3	39.4	23.2	24.7	25.9	38.7	29.0	31.1	35.0	57.6	36.9	55.4
Net Income to Common	—	38.5	23.6	24.0	25.0	38.6	30.6	31.0	36.9	58.8	—	—
Minority Interest	0.0	-0.2	0.1	0.4	0.4	0.0	0.0	0.8	0.0	0.0	0.0	0.0
Per Share
Basic EPS	4.14	15.76	9.66	10.00	10.25	15.77	12.23	12.68	14.76	23.78	15.68	24.21
Diluted EPS	4.14	15.76	9.66	10.00	10.25	15.77	12.23	12.68	14.76	23.78	15.68	24.21
Other Comprehensive Income — detail
+ Other Comprehensive Income	—	—	—	—	—	0.2	-1.6	-0.7	-1.9	-1.2	-2.1	-4.7
+ Items NOT to be Reclassified to P&L	0.7	1.6	-0.7	0.4	0.6	0.2	-2.1	-1.0	-2.5	-1.6	-2.8	-6.3
+ Tax on Items NOT to be Reclassified	—	—	—	—	—	0.1	-0.5	-0.2	-0.6	-0.4	-0.7	-1.6
+ Tax on Items NOT to be Reclassified — alt tag	0.2	0.4	-0.2	0.1	0.1	—	—	—	—	—	—	—
+ Tax on Items to be Reclassified — alt tag	—	0.0	0.0	0.0	—	—	—	—	—	—	—	—
Comprehensive Income — Owners of Parent	10.6	39.6	23.1	24.3	25.5	38.6	—	30.3	—	—	—	—
Comprehensive Income — Non-controlling Interests	-1.4	-0.2	0.1	0.4	0.4	0.0	—	0.8	—	—	—	—
Per Share — as-filed variants
Basic EPS — Continuing Operations	4.14	15.76	9.66	10.00	10.25	15.77	12.23	12.68	14.76	23.78	15.68	24.21
Diluted EPS — Continuing Operations	4.14	15.76	9.66	10.00	10.25	15.77	12.23	12.68	14.76	23.78	15.68	24.21
Derived — Gross Profit (Revenue − Materials − Purchases − Δ Inventories)
Gross Profit	335.2	370.5	333.3	341.6	352.5	402.4	392.4	403.0	418.5	515.3	488.1	521.0
Gross Margin %	27.69	29.14	28.59	29.04	31.34	31.51	31.01	31.88	30.52	32.95	32.74	30.45
Adjusted (ex-Exceptional Items) — derived
Pretax Income (Adjusted, as filed)	9.2	47.9	29.5	31.0	32.0	49.9	39.6	40.1	46.9	74.0	52.1	75.6
Net Income Adj (tax-effected)	8.8	38.3	23.7	24.4	25.5	38.6	30.6	31.8	36.9	58.8	38.9	60.2
EPS Adj	4.14	15.76	9.66	10.00	10.25	15.77	12.23	12.68	14.76	23.78	15.68	24.21
Other Filed Concepts — mapped but not yet placed in the schedule
Face Value	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00
Paid Up Equity Capital	24.4	24.4	24.4	24.4	24.4	24.4	24.4	24.4	24.4	24.4	24.4	26.9

As filed, sign as filed — read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown, so depth follows the filer: pre-Ind-AS, insurance and NBFC blocks stay hidden unless they were actually reported. Alternate tags for the same idea (e.g. two spellings of a deferred-tax element) are kept as separate lines rather than merged, because merging them would be a guess. Ratios, per-share figures and counts render as raw numbers, not ₹ Crore. No consensus estimates → no Est columns. Click any row to chart it.

« ‹ › »Latest: Q2 FY27 · ConsolidatedFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

Wheels India Q2 FY27 results (July–September 2026)

Filed with NSE on Thursday, 29 October 2026 at 2:41 pm IST

Wheels India (NSE: WHEELS) reported its Q2 FY27 results (July–September 2026) on Thursday, 29 October 2026 at 2:41 pm IST. Consolidated net profit was ₹60.2 crore, up 94.1% from ₹31 crore in Q2 FY26 and up 54.5% from ₹38.9 crore in Q1 FY27. Revenue from operations was ₹1,711 crore, up 35.4% year on year and up 14.8% from the previous quarter.

Q2 FY26 results (a year earlier): 31 October 2025
Q3 FY27 results due by: 14 February 2027

Q2 FY27 at a glance · consolidated

Net profit: ₹60.2 Cr+94.1% vs Q2 FY26+54.5% vs Q1 FY27
Revenue from operations: ₹1,711 Cr+35.4% vs Q2 FY26+14.8% vs Q1 FY27
Operating margin (EBIT): 5.5%+0.4 pts vs Q2 FY26+0.2 pts vs Q1 FY27EBIT ₹94.4 Cr
EBITDA: ₹128 Cr+38.5% vs Q2 FY26+14.7% vs Q1 FY27margin 7.5%
Earnings per share (basic): ₹24.21+90.9% vs Q2 FY26+54.4% vs Q1 FY27
Net profit margin: 3.5%+1.1 pts vs Q2 FY26+0.9 pts vs Q1 FY27

Questions

What was Wheels India's net profit in Q2 FY27?

Consolidated net profit was ₹60.2 crore, up 94.1% from ₹31 crore in Q2 FY26 and up 54.5% from ₹38.9 crore in Q1 FY27.

What was Wheels India's revenue in Q2 FY27?

Revenue from operations was ₹1,711 crore, up 35.4% year on year and up 14.8% from the previous quarter.

What was Wheels India's EPS in Q2 FY27?

Basic earnings per share were ₹24.21, against ₹12.68 in Q2 FY26.

How were Wheels India's Q2 FY27 results?

Both grew from a year earlier: net profit was up 94.1% at ₹60.2 crore and revenue was up 35.4% at ₹1,711 crore. The operating margin was 5.5%, up 0.4 percentage points from 5.2% a year earlier. Against Q1 FY27, net profit was up 54.5% and revenue up 14.8%.

What was Wheels India's operating margin in Q2 FY27?

Operating profit (EBIT — revenue less operating expenses, before finance costs and other income) was ₹94.4 crore, a margin of 5.5%, against 5.3% in Q1 FY27 and 5.2% in Q2 FY26. EBITDA was ₹128 crore, 7.5% of revenue.

What was Wheels India's net profit in the first half of FY27?

Consolidated net profit for the first half of FY27 (April–September 2026) was ₹99.1 crore, up 60.9% from ₹61.6 crore in the same months a year earlier. Revenue from operations was ₹3,202 crore, up 26.6%.

What is Wheels India's net profit margin?

Wheels India's net profit margin was 3.5% in Q2 FY27 (net profit as a share of revenue from operations), against 2.5% in Q2 FY26 (up 1.1 percentage points). For FY26 as a whole it was 2.9%.

What was Wheels India's net profit in FY26?

Consolidated net profit was ₹158 crore in FY26 (April 2025–March 2026), up 40.9% from ₹112 crore in FY25. It was ₹62.8 crore in FY24 and ₹58.1 crore in FY23: up 172.2% over three years, 39.6% a year on average.

What was Wheels India's revenue in FY26?

Revenue from operations was ₹5,465 crore in FY26 (April 2025–March 2026), up 15.2% from ₹4,744 crore in FY25. It was ₹4,977 crore in FY24 and ₹4,651 crore in FY23: up 17.5% over three years, 5.5% a year on average.

How has Wheels India's profit changed over the last four quarters?

Net profit by quarter: ₹36.9 crore in Q3 FY26, ₹58.8 crore in Q4 FY26, ₹38.9 crore in Q1 FY27 and ₹60.2 crore in Q2 FY27. That is ₹195 crore over the four quarters, up 55.6% from ₹125 crore in the four quarters before. Revenue from operations: ₹1,371 crore, ₹1,564 crore, ₹1,491 crore and ₹1,711 crore.

When did Wheels India announce its Q2 FY27 results?

On Thursday, 29 October 2026 at 2:41 pm IST, in its results filing to the stock exchanges. A year earlier it reported Q2 FY26 on 31 October 2025.

When will Wheels India announce its Q3 FY27 results?

Q3 FY27 covers October–December 2026. Listed companies must publish quarterly results within 45 days of the quarter's end (SEBI listing rules, Regulation 33), so the results are due by 14 February 2027. The company tells the exchanges the date of the board meeting at least two working days before it.

Where do these Wheels India figures come from?

From Wheels India's own consolidated results filings to NSE, in ₹ crore as filed (Q2 FY27 on 29 October 2026). Growth compares the same consolidated figures a year and a quarter earlier.

Consolidated figures from the company's filings to NSE. Every company's results dates this season are in the Q2 FY27 results calendar, part of Alpha Plus.