Wheels India Q2 results: Net profit at Rs 5.24 crore
Wheels India Q2 results: Commenting on the financial performance, Wheels India MD Srivats Ram said, "the Q2 profit was impacted due to one-off expenses notably a one-off charge for pre-delivery inspection charges." The amalgamation of Sundaram Hydraulics Ltd with the company has now been completed, he stated.
The city-based company registered a net profit of Rs 14.53 crore during the corresponding quarter of last year. Image Courtesy: Freepik.