Whirlpool Records 25% Net profit In Second Quarter

Total income during the second quarter went up by 24 per cent to Rs 1187.35 crore from Rs 957.53 crore in the year ago period Whirlpool of India Ltd said in a BSE filing
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Home appliances maker Whirlpool of India reported a 25.08 per cent increase in net profit at Rs 73.45 crore for the quarter ended September 30.

Company had posted a net profit of Rs 58.72 crore in the corresponding period last year.

Total income during the second quarter went up by 24 per cent to Rs 1,187.35 crore from Rs 957.53 crore in the year-ago period, Whirlpool of India Ltd said in a BSE filing.

Whirlpool of India Chairman and Executive Director Arvind Uppal said "There has been a strong performance aided by an early Diwali but adversely impacted due to the GST transition. We are starting to see the re-emergence of raw material headwinds but remain extremely positive about the future on the back of strong demand."

 
 
 
 
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