Press Release

July 27, 2026 To To National Stock Exchange of India Limited, BSE Limited, The Manager, Listing Department, The Corporate Relationship Department, “Exchange Plaza”, C-1, Block G, 1st Floor New Trading Wing, Rotunda Building, Bandra-Kurla Complex, Bandra (E), Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 051 Mumbai – 400 001 Symbol: WHEELS Scrip Code: 590073 Dear Sir / Madam, Subject: Press release - Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 We are enclosing the press release issued by the Company. Kindly take the above on your records. Thanking you. Yours faithfully, For Wheels India Limited K V Lakshmi Company Secretary & Compliance Officer Encl.: a/a PLEASE ADDRESS ALL COMMUNICATIONS TO THE FACTORY Wheels India Q1 Net Profit up Rs. 37 Crore Revenue growth 16.8% in Q1 Chennai July 27, 2026: Wheels India has registered an increase in its net profit for the first quarter ended 30th June 2026 at Rs.37 Crore as compared to Rs.26 Crore registered in the corresponding quarter of the previous year. Revenues for Q1 ended 30th June 2026 went up 16.8% to Rs.1,386 Crore compared to Rs.1,187 Crore in the same period last year. Exports grew 17.3 % to Rs. 380 Crore in Q1FY27 compared to Rs. 324 Crore registered in the first quarter of the previous year. Commenting on the performance, Srivats Ram, CMD, Wheels India said, “The company’s sales grew along with the domestic market for cars, trucks and agriculture tractors that continued their momentum post GST 2.0 reforms. In addition, we saw strong growth in the export of construction equipment wheels. There were strong inflationary pressures on material cost due to the West Asia crisis. ” On the outlook, Srivats said, “We expect the growth momentum to continue in Q2.” Wheels India is a leading manufacturer of wheels for trucks, agricultural tractors, passenger vehicles and construction equipment; air suspension systems for trucks and buses, and industrial components for the construction and windmill industry with manufacturing plants in Tamil Nadu, Maharashtra, Uttar Pradesh, Uttarakhand and Andhra Pradesh. About TSF (Trichur Santhanam Family) Group The TSF group comprises the T.S. Santhanam branch of the erstwhile TVS group and continues the tradition of Trust, Value and Service that the group has been known for this past century. With its heritage dating back to 1936, the group’s interests span the automotive and financial services sectors. Companies promoted by the TSF group have combined revenue of more than Rs.33,000 crore, 42,000 employees, 1,200 branches, and 36 factories. In the automotive industry, the TSF group operates across segments from component manufacturing, parts distribution, vehicle dealership and vehicle financing. In financial services, the TSF Group promoted Sundaram Finance (founded 1954), is one of the most respected names in the NBFC sector with interests in automotive lending, general insurance, housing loans, and asset management. Media Contact: S Prabhu @ 94440 40748 or sprabhu@proPR.in