Whirlpool Q1 net profit up 26% at Rs 122 crore

Consumer durables firm Whirlpool of India on Tuesday reported a 25.94 per cent increase in its standalone net profit at Rs 121.95 crore for the first quarter ended June 30, 2016-17.

The company had posted net profit of Rs 96.83 crore during the same period of the previous financial year.

The net sales went up by 16.13 per cent to Rs 1,356.88 crore during the April-June quarter as against Rs 1,168.35 crore in the same period last fiscal, Whirlpool said in a BSE filing.

Shares of the company were trading 0.25 per cent down at Rs 952.15 on BSE.