Outcome of Board Meeting

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: Outcome of the Board meeting and Disclosure in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI LODR’) The Board of Directors of the Company at their meeting held on July 27, 2026 (i.e. today) has inter-alia, noted and approved the following: 1. Un-audited Financial Results: Pursuant to Regulation 33 of SEBI (LODR) Regulations, 2015, please find enclosed herewith the following: i. Un-audited Financial Results (Standalone and Consolidated) for the quarter ended June 30, 2026; and ii. Limited Review Report (Standalone and Consolidated) by M/s. Brahmayya & Co, Chartered Accountants Meeting of the Board of Directors commenced at 04:25 P.M. and concluded 05: 20 P.M. Kindly take this into your record and disseminate on your website. 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 The picture can't be displayed. Wheels India Limited CIN:L35921TN1960PLC004175 Regd. Office: No. 21, Patullos Road, Chennai - 600 002 Phone: 044-26234300; Website: www.wheelsindia.com Statement of Un-audited (Standalone and Consolidated) Financial Results for the Quarter ended June 30, 2026 (Rs. in Crores) Standalone Consolidated Sl. No. Particulars Quarter Ended Year Ended Quarter Ended Year Ended 30.06.2026 31.03.2026 30.06.2025 31.03.2026 30.06.2026 31.03.2026 30.06.2025 31.03.2026 Un-audited Audited Un-audited Audited Un-audited Audited Un-audited Audited 1 Revenue from Operations Revenue from Operations 1,380.43 1462.13 1182.87 5,098.35 1 ,491.00 1,564.02 1,265.50 5,464.94 Other Income 5.64 9.36 4.17 26.05 1.79 8.75 3.11 22.78 TOTAL INCOME 1,386.07 1,471.49 1,187.04 5,124.40 1,492.79 1,572.77 1,268.61 5,487.72 2 Expenses Cost of materials consumed 956.41 962.76 784.67 3,492.92 1 ,033.98 1,028.00 841.31 3,740.04 Changes in inventories of finished goods and work-in- -30.36 18.18 33.38 -3.70 -31.07 2 0.69 31.82 - 4.31 progress Employee benefit expense 150.63 143.42 132.62 554.38 1 61.16 152.59 140.11 591.06 Finance Costs 26.84 27.19 28.76 111.82 2 8.57 29.09 30.73 119.76 Depreciation and amortisation expenses 30.76 29.81 24.57 106.51 3 2.91 31.99 26.46 115.28 Other Expenses 201.48 220.34 147.21 677.06 2 15.11 236.38 158.61 725.33 Total Expenses 1 ,335.76 1,401.70 1,151.21 4,938.99 1 ,440.66 1,498.74 1,229.04 5 ,287.16 3 Profit/ (Loss) before exceptional items and tax (1-2) 5 0.31 69.79 3 5.83 185.41 52.13 74.03 39.57 2 00.56 4 Share of Profit/ (Loss) of Associate - - - 2.65 3.30 1.39 8.54 5 Profit/ (Loss) before tax (3+4) 50.31 69.79 35.83 185.41 54.78 77.33 40.96 209.10 6 Tax expense Current tax 10.98 15.78 9.40 40.84 1 0.99 15.81 9.41 40.89 Deferred tax 2.29 1.71 -0.01 6.01 4 .85 2.71 0.96 10.16 7 Net Profit/ (Loss) for the period (5-6) 37.04 52.30 2 6.44 138.56 38.94 58.81 30.59 1 58.05 8 Other Comprehensive Income: Items that will not be reclassified to profit or loss -2.76 -1.62 -2.09 -7.12 - 2.76 - 1.51 - 2.09 - 7.05 Income tax relating to items that will not be reclassified 0.69 0.41 0.53 1.79 0 .69 0.37 0.53 1.77 to profit or loss Share of Other Comprehensive Income of 9 - - -0.02 - 0.08 - 0.02 - 0.14 Associate 10 Total Comprehensive Income for the period (7+8+9) 3 4.97 51.09 24.88 133.23 36.85 57.59 29.01 152.63 11 Net Profit/ (Loss) attributed to: a) Owners of the Company 37.04 52.30 26.44 138.56 38.31 58.09 29.88 155.01 b) Non-controlling Interest - - - - 0.63 0.72 0.71 3 .04 12 Other Comprehensive Income attributed to: a) Owners of the Company -2.07 -1.21 -1.56 -5.33 -2.07 -1.27 -1.56 - 5.44 b) Non-controlling Interest - - - - -0.02 0.05 -0.02 0.02 13 Total Comprehensive Income attributed to: a) Owners of the Company 34.97 51.09 24.88 133.23 36.24 56.82 28.32 149.57 b) Non-controlling Interest - 0.61 0.77 0.69 3.06 14 Reserves excluding revaluation reserves 950.10 1 ,017.03 Paid-up equity share capital 15 24.43 24.43 24.43 24.43 24.43 24.43 24.43 24.43 (of Face Value Rs.10/- each) Earnings per share (of Rs. 10/- each) (*not annualised) (a) Basic 15.16* 21.41* 10.82* 56.71 15.68* 23.78* 12.23* 63.44 (b) Diluted 15.16* 21.41* 10.82* 56.71 15.68* 23.78* 12.23* 63.44 Un-audited Consolidated Segment Wise Revenue, Results, Assets and Liabilities for the Quarter ended June 30, 2026 Quarter Ended Year Ended Sl. No. Particulars 30.06.2026 31.03.2026 30.06.2025 31.03.2026 Un-audited Audited Un-audited Audited 1 Segment Revenue (a) Automotive Components 1,253.94 1,303.89 1,077.32 4,526.42 (b) Industrial Components 237.06 260.13 188.18 938.52 Total 1,491.00 1,564.02 1,265.50 5,464.94 Less: Inter Segment Revenue - - - - Revenue from Operation 1,491.00 1,564.02 1,265.50 5,464.94 Segment Results (Profit)(+)/Loss (-) before tax and interest from Each segment) (a) Automotive Components 75.59 85.87 69.51 287.55 (b) Industrial Components 7.76 20.54 2.18 41.31 Total 83.35 106.41 71.69 328.86 Less: (i) Interest 28.57 29.09 30.73 119.76 (ii) Unallocable income Total Profit Before Tax 54.78 77.33 40.96 209.10 3 Capital Employed Segment Assets (a) Automotive Components 2,651.04 2,522.80 2,453.37 2,522.80 (b) Industrial Components 858.74 843.84 738.79 843.84 (c) Unallocated 159.40 160.29 53.51 160.29 Total 3,669.18 3,526.93 3,245.68 3,526.93 Segment Liabilities (a) Automotive Components 1,477.61 1,414.08 1,263.18 1,414.08 (b) Industrial Components 194.89 179.36 170.77 179.36 (c) Unallocated 904.89 878.55 850.30 878.55 Total 2,577.39 2,472.00 2,284.25 2,472.00 Notes: Theaboveun-auditedstandalone/consolidatedfinancialresultsoftheCompanyhavebeenpreparedinaccordancewithCompanies 1 Act,2013readwithrelevantrulesandaccountingstandards,reviewedbytheAuditCommitteeandapprovedbytheBoardofDirectors at their respective meetings held on July 27, 2026 The Statutory Auditor of the Company has carried out a limited review on the standalone and consolidated financial results for the quarter ended June 30, 2026 The Company operates in the following reportable segments: 3 a) Automotive Components and b) Industrial Components 4 Previous period’s figures have been re-grouped / reclassified wherever necessary to conform to this period’s classifications. For Wheels India Limited Chennai Srivats Ram July 27, 2026 Chairman and Managing Director DIN:00063415 BrahmqyyaNGo. Chartered Accountants Independent Auditors Limited Review Report on the Unaudited Standalone Quarterly Financial Results of Wheels India Limited pursuant to the Regulation 33 of the SEBI (Listing t)bligations and Disclosure Requirements) Regulations, 2015. The Board of Directors, Wheels India Limited, Chennai. We have reviewed the accompanying statement of unaudited standalone financial results of Wheels India Limited ("the Company") for the quarter ended June 30,2)26together with relevant notes thereon ("the Statement"), being submitted by the Company pursuant to the riquirements of Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended ("Listing Regulations"). This Statement, which is the responsibility of the Company's Management and approved by the Board of Directors, has been prepared in accordance with the recognition and rn"urr."rn.rt principles laid down in Indian Accounting Standard 34 ("Ind AS 34"), "lnterim Financial Reporting", priscribed under Section 133 of Companies Act,2013 and other accounting principles gene.aily aciepted in India. Our responsibility is to issue a report on the statement based on our review. We conducted our review of the statement in accordance with the Standard on Review Engagement ("SRE") 24 [Showing first 8,000 characters — download PDF for full document]