Chennai, Jan. 27 -- Wheels India has registered a good increase in its Net Profit for the Q3
ended December 31, 2024 at Rs. 22.57 crore compared to Rs. 12.58 crore registered in the
corresponding quarter of the previous year.
The company registered revenues of Rs. 1,058 Crore for Q3 as compared to Rs. 1,131 Crore.
For the nine months ended December 31, 2024, it registered a good growth in Net Profit
at Rs. 69.86 Crore compared to Rs. 31.04 Crore registered in the comparative nine months
ended December 31, 2023. The
It registered revenues of Rs. 3,230 Crore for the nine months compared to Rs. 3,452 Crore.
Company MD Srivats Ram said, "In terms of the strong profit growth in Q3, we continued to
be benefitted by lower raw material pri...