Whirlpool India

Whirlpool of India Q2 results: Net profit up 40% to Rs 53.5 crore

Consumer durables maker Whirlpool of India Ltd on Friday reported a 40.13 per cent rise in its consolidated net profit to Rs 53.53 crore in the September 2024 quarter. The company posted a net profit of Rs 38.20 crore during the July-September quarter of the previous fiscal, Whirlpool of India, a subsidiary of Whirlpool Corporation, said in a regulatory filing. Its revenue from operations was 12.58 per cent higher at Rs 1,713 crore during the quarter under review. The same stood at Rs 1,521.56 crore a year ago. Whirlpool of India's total expenses were Rs 1,688.95 crore in the July-September period, up 12.35 per cent. Total income of Whirlpool of India, which includes other income, grew 13.3 per cent to Rs 1,762.32 crore during the reported quarter. Shares of Whirlpool of India Ltd settled 1.65 per cent lower at Rs 2,041.65 apiece on the BSE.

Whirlpool of India stock jumps 7%, hits 52-week high; up 86% in 6 months

Earlier in February, Whirlpool Mauritius Limited, the promoters, had sold 30.4 million equity shares or 24 per cent stake of Whirlpool India via open-market trade for $468 million to reduce debt.

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 stock zooms 19% on heavy volumes; Here's what triggered the rally

According to a Reuters report, German engineering group Robert Bosch is weighing a bid for the US appliances 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

Stocks to Watch, June 13: L&T Finance, PNB Housing, 360 One WAM, Bondada

Stocks to Watch, Thursday, June 13, 2024: According to reports, investment firm Bain Capital and BNP Paribas will likely sell shares worth Rs 1,500 crore of L&T Finance, through block deals today

Whirlpool of India Q4 results: Net profit rises 24.7% to Rs 79.5 crore

Consumer durables maker Whirlpool of India Ltd on Monday reported a 24.7 per cent increase in consolidated net profit to Rs 79.45 crore in the March quarter. The company had posted a net profit of Rs 63.71 crore during the January-March quarter of the previous fiscal, Whirlpool of India, a subsidiary of Whirlpool Corporation, said in a regulatory filing. Whirlpool's revenue from operations was up 3.66 per cent to Rs 1,734 crore during the quarter under review. It was at Rs 1,672.65 crore in the corresponding period of the previous fiscal. Its growth in profit was "driven by the volume growth, strong cost productivity actions leading to better margins and improved mix of premium and high margin portfolio," said an earning statement from the company. "While the market for refrigerators and washers was flattish, our market shares for Jan-March have grown significantly compared to the same period last year driving the modest revenue growth," it said. Whirlpool of India's total expens

Voltas stock price today up 5% on UBS upgrade; Whirlpool on a roll too

Voltas, Whirlpool of India stock price update: Shares of household appliances makers Voltas and Whirlpool surged up to 7 per cent on the BSE in Monday's intra-day trade on improved outlook.

Whirlpool India hits 6-year low; stock dips 6% on brokerage downgrade

Jefferies has downgraded the household appliance maker to 'underperform' from 'hold', cutting the target price to Rs 1,125 from Rs 1,265.

SBI Mutual Fund among buyers of Whirlpool of India's nearly 24% stake

Shares of Whirlpool India fell 3.2 per cent to close at Rs 1,288. Following the share sale, the promoter shareholding in the company will drop to about 51 per cent

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%

Stocks to Watch: L&T, Whirlpool, CIE Auto, ESAF SFB, Ujjivan SFB, NBCC

Stocks to watch on Tuesday, February 20, 2024: Whirlpool of India parent company likely to offload 24 per cent stake via block deal today.

Whirlpool promoter likely to sell 24% equity stake through block deals

Total deal size may range between Rs 2,337 crore and Rs 3,739 crore

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 .

Stocks to Watch today: Flair Writing, UltraTech, Kesoram, Honasa, Whirlpool

Stocks to watch on Friday, December 01, 2023: Flair Writing to debut today. UltraTech and Kesoram in focus post all-stock merger deal.

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

Bandhan MF looks to go beyond smallcaps, plans first active microcap fund

Motilal Oswal MF was the first to launch a passive microcap fund. The index fund tracks the Nifty Microcap 250 Index

Stocks to Watch today, May 18: HDFC Bk, Vedant Fashions, MM Forgings, NDTV

Stocks to Watch on Thursday: JK Tyre's net profit surged to Rs 111.56 crore in Q4FY23 from Rs 38.22 crore reported last year