Whirlpool

Bosch's potential Whirlpool buy could boost firm's presence in India

German multinational firm Bosch is considering a multi-billion-dollar acquisition of American white goods manufacturer Whirlpool

Whirlpool hits 52-week high on signing new marketing pact with HUL

The uptick in stock price came after the Whirlpool of India and Hindustan Unilever Ltd announced a new marketing alliance for Surf Excel, the laundry brand of the FMCG player

Whirlpool of India, HUL announce marketing alliance for Surf Excel

Appliance as washing machine maker Whirlpool of India and Hindustan Unilever Ltd (HUL) on Wednesday announced a new marketing alliance for Surf Excel, the laundry brand of the leading FMCG maker. As per the alliance, both brands will have joint marketing initiatives. The integration of innovative technologies from both brands will help in delivering superior fabric care, improving the daily laundry process, and resulting in an enhanced customer experience, according to a joint statement. Kumar Gaurav Singh, Vice President-Marketing, at Whirlpool of India, said, "Our partnership is an opportunity to leverage our combined strengths -- the coming together of superior mechanical action, thermal action and chemical action to deliver expertise in the removal of stubborn stains." Srinandan Sundaram, Executive Director, Home Care, at Unilever, said, "Our goal is to provide convenience and innovation to households across India, making laundry routines easier and more effective.

India's rising valuations prompt foreign companies to sell holdings

The companies are seeking to capitalise on India's equity valuations which are among the most expensive in the world after eight years of annual gains

Whirlpool accelerates debt reduction as interest rates stay high: Report

Whirlpool raised $300 million in the US investment-grade bond market on Feb. 22 to refinance a 2024 maturity

Whirlpool sells 24% stake in India unit for $468 mn, now holds 51%

Whirlpool conducted the sale through its subsidiary in Mauritius, reducing its stake in the entity from 75% to 51%

Whirlpool set to sell 24% of India stake for up to $451 mn via market deals

Goldman Sachs is advising Whirlpool on the deal, the term sheet showed. Goldman and Whirlpool did not immediately respond to requests for comment

Whirlpool of India Q3 results: Profit up 12% to Rs 30 cr, revenue up 18%

Consumer durables maker Whirlpool of India Ltd on Friday reported a 12 per cent growth in its consolidated net profit at Rs 29.93 crore for the third quarter ended December 2023, helped by volume growth. The company had posted a net profit of Rs 26.71 crore during the October-December quarter of the previous fiscal, Whirlpool of India, a subsidiary of Whirlpool Corporation said in a regulatory filing. Its revenue from operations was up 17.9 per cent to Rs 1,535.65 crore during the quarter under review. It was at Rs 1,302.46 crore in the corresponding period of the previous fiscal. Whirlpool of India's total expenses were at Rs 1,528.92 crore in the December quarter, up 17 per cent. Its total income in the December quarter was up 17 per cent Rs 1,571.17 crore. Commenting on the result, Managing Director Narasimhan Eswar said: "We had a strong quarter on revenue and volume growth on the back of our recently launched innovations being fully available in the marketplace, competitive .

Whirlpool plans to sell 24% ownership in India business to reduce debt

Whirlpool of India reported a 23.7% drop in second-quarter profit earlier this month, as the home appliances maker grappled with weak demand amid stiff competition

Whirlpool's India arm posts 22% fall in net profit to Rs 38.2 crore

Whirlpool India Q2 result: The company's revenue from operations was down 5.58 per cent to Rs 1,521.56 crore during the quarter under review against Rs 1,611.54 crore last year

A Rs 5,000 cr opportunity: Hinterland is Pine Labs' BNPL money-spinner

These include products like smartphones, wearables, large appliances, smart televisions, and washing machines

Weak volumes remain an overhang on Whirlpool stock; Q2 sales hit

Volatility in commodity prices and rise in competitive intensity are expected to weigh on margins

Whirlpool India expects to grow ahead of industry in festival season: Exec

Consumer durables industry coming back in terms after the setback of pandemic, says Vishal Bhola

Refrigerator import ban, volume recovery can help Whirlpool stay cool

Given raw material pressure, margin trend is another factor

Whirlpool of India Q3 consolidated net profit down 38% to Rs 44 crore

Total expenses were at Rs 1,498.60 crore as against Rs 1,435.29 crore a year ago

Whirlpool profit after tax climbs 62% in June quarter on low base

The firm's operating revenue rose 30.5 per cent over the same quarter last year to Rs 1,341 crore

Whirlpool Corp sees strong 2020 as profit beats on pandemic boost

Whirlpool forecast a smaller drop in sales for the year and reinstated earnings targets after posting better-than-expected quarterly profit

Whirlpool profit before tax drops 92% to Rs 24.4 crore in June quarter

Its operating income fell by 48 per cent YoY to Rs 1,027 crore, from Rs 1,974 crore.

Whirlpool of India pre-tax profit falls 26% in Q4; revenue dips marginally

The Gurugram-headquartered firm's PBT fell from Rs 161.4 crore to Rs 119 crore in the last quarter.

Whirlpool of India slips 6% after MD Sunil D'Souza steps down

Since June 2015, the stock of Whirlpool of India has rallied 330 per cent, as compared to a 49 per cent rise in the S&P BSE Sensex.