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05/11/2025 15:41

Enkei Wheels (India) posts Q3 net profit of Rs 7.94 cr

The company reported standalone net profit during the quarter stood at Rs 7.94 crore compared to net loss of Rs 4.56 crore in the previous year quarter.

Net revenue of the company rose moderately by 11.10 per cent at Rs 265.11 crore in July-September quarter of this fiscal as against Rs 238.62 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 2.73 per cent to Rs 235.12 crore from Rs 228.88 crore in year ago period.

Other Income dipped by 63.54 per cent at Rs 0.35 crore versus (Sep'24 Rs 0.96 crore).

Operating Profit surged by 207.59 per cent to Rs 29.99 crore as against Rs 9.75 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 176.53 per cent in September quarter.

Interest grew by 26.70 per cent y-o-y to Rs 5.03 crore, while Taxation increased by 266.67 per cent at Rs 2.45 crore (Sep'24 Rs -1.47 crore).