Don’t miss the latest developments in business and finance.

Whirlpool shares gain 3% post Q1 results

Image
Press Trust of India New Delhi
Last Updated : Aug 07 2017 | 7:02 PM IST
Shares of Whirlpool of India rose by 3 per cent after the company reported an 8.8 per cent rise in net profit for the quarter ended June 30.
The stock went up by 2.97 per cent to settle at Rs 1,190.85 on BSE. During the day, it jumped 7.39 per cent to Rs 1,242.
On NSE, shares of the company went up by 3 per cent to close at Rs 1,193.50.
Home appliances maker Whirlpool of India reported a 8.8 per cent increase in net profit at Rs 132.72 crore for the quarter ended June 30.
The company had posted a net profit of Rs 121.95 crore in the corresponding period last year.
Total income during the first quarter went up by 15.06 per cent to Rs 1,639.54 crore from Rs 1,424.85 crore in the year-ago period, Whirlpool of India said in a BSE filing.

Also Read

First Published: Aug 07 2017 | 7:02 PM IST

Next Story