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

Net profit of Wheels India declined 15.53% to Rs 10.12 crore in the quarter ended December 2023 as against Rs 11.98 crore during the previous quarter ended December 2022. Sales rose 12.30% to Rs 1210.41 crore in the quarter ended December 2023 as against Rs 1077.86 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales1210.411077.86 12 OPM %4.974.17 - PBDT32.1032.58 -1 PBT10.7614.18 -24 NP10.1211.98 -16 Powered by Capital Market - Live News

Net profit of Wheels India declined 18.10% to Rs 12.58 crore in the quarter ended December 2023 as against Rs 15.36 crore during the previous quarter ended December 2022. Sales rose 12.56% to Rs 1130.08 crore in the quarter ended December 2023 as against Rs 1003.97 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales1130.081003.97 13 OPM %5.444.74 - PBDT36.2337.25 -3 PBT16.4020.39 -20 NP12.5815.36 -18 Powered by Capital Market - Live News

Wheels India will hold a meeting of the Board of Directors of the Company on 30 January 2024.Powered by Capital Market - Live News