Wheels India has reported results for first quarter ended June 30, 2018.
The company has reported 38.75% rise in its net profit at Rs 18.01 crore for the quarter under review as compared to Rs 12.98 crore for the same quarter in the previous year. Total income of the company increased by 22.14% at Rs 748.59 crore for Q1FY19 as compared Rs 612.90 crore for the corresponding quarter previous year.
Wheels India is company promoted by the TVS Group, India’s largest auto component manufacturers. It is one of the largest steel wheel manufacturers in the world.
