Enkei Wheels India Reports Financial Challenges Amid Rising Interest Expenses in March 2025

Enkei Wheels India has recently reported its financial results for the quarter ending March 2025, revealing notable challenges within its operations. The company, which operates in the auto ancillary industry, has experienced a significant decline in key financial metrics.
The Profit Before Tax (PBT) for the quarter stands at Rs -7.35 crore, reflecting a substantial shift compared to the average PBT of Rs 0.34 crore over the previous four quarters. Similarly, the Profit After Tax (PAT) has also shown a marked decline, recorded at Rs -5.30 crore, down from an average of Rs 0.66 crore in the prior quarters.

Additionally, Enkei Wheels has reported an increase in interest expenses, which reached Rs 5.08 crore, marking the highest level in the last five quarters. This rise in interest costs indicates a potential increase in borrowings, further complicating the company's financial landscape.

In light of these developments, the stock has undergone an adjustment in its evaluation, with the score moving to -15 from -18 over the past three months.

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