Wheels India Ltd reported a 30% year-on-year increase in consolidated net profit for the first quarter ended June 30, 2026.
The Chennai-based auto component manufacturer posted net earnings of ₹38 crore, up from ₹30 crore in the same period last year.
Rallis India, an agrochemical manufacturer, reported a 31% rise in first-quarter net profit to ₹125 crore, while Bajaj Auto saw standalone net profit jump 42.
The results highlight resilience in the Indian auto components sector, where demand remains robust despite broader macroeconomic headwinds.
Wheels India’s performance aligns with a broader trend of strong earnings among Indian industrial and manufacturing firms.
Recent filings from other Indian companies show similar momentum.
Rallis India, an agrochemical manufacturer, reported a 31% rise in first-quarter net profit to ₹125 crore, while Bajaj Auto saw standalone net profit jump 42.3% to ₹2,982.84 crore for the first quarter of fiscal 2027.