Wheels India Ltd approves ₹20 crore investment in a proposed Bosch–Brakes India JV and reports Q2 FY27 net profit of ₹60.16 crore
- Q2 consolidated revenue was ₹1,710.95 crore, up 35.4% year on year; operating margin was 6.4%, versus 5.7% a year earlier.
- Net profit rose 89.8% year on year; results included a ₹3.76 crore exceptional item.
- The JV will develop and produce air-system solutions for commercial vehicles; limited review reports had no modified conclusion.