Business Standard

Whirlpool of India Q1 net profit rises 61.9% to Rs 25.51 crore

Consumer durable maker Whirlpool of India on Tuesday reported a 61.96 per cent increase in consolidated net profit to Rs 25.51 crore for the first quarter ended June 30.

Whirlpool

Whirlpool

Press Trust of India New Delhi

Consumer durable maker Whirlpool of India on Tuesday reported a 61.96 per cent increase in consolidated net profit to Rs 25.51 crore for the first quarter ended June 30.

The company had posted a net profit of Rs 15.75 crore during the April-June quarter of the previous fiscal, Whirlpool of India, a subsidiary of Whirlpool Corporation, said in a regulatory filing.

Its revenue from operations rose 30.53 per cent to Rs 1,340.61 crore during the quarter under review, as against Rs 1,027.05 crore a year ago.

Whirlpool of India's total expenses surged 30.09 per cent to Rs 1,321.92 crore in Q1 FY22 compared to Rs 1,016.12 crore in the year-ago period.

 

Shares of Whirlpool of India Ltd closed at Rs 2,101.85 per unit, down 1.87 per cent from the previous close.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Aug 10 2021 | 4:20 PM IST

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