Whirlpool of India Q2 Profit Down 22% to Rs 38 Crore – News18

Consumer durables maker Whirlpool of India Ltd on Friday reported 22.07 per cent decline in consolidated web revenue at Rs 38.20 crore for the second quarter ended September 2023. The firm had logged a web revenue of Rs 49.02 crore through the 12 months-in the past interval, in accordance to a regulatory submitting by Whirlpool of India, a subsidiary of US-primarily based Whirlpool Corporation.

Revenue from operations was down 5.58 per cent to Rs 1,521.56 crore through the quarter beneath evaluation towards Rs 1,611.54 crore. Total expense was at Rs 1,503.17 crore within the quarter, down 4.06 per cent over the 12 months-in the past interval.

Total earnings within the September quarter was at Rs 1,55,5.45 crore, down 4.8 per cent. Shares of Whirlpool of India have been buying and selling at Rs 1,597 apiece on BSE.

(This story has not been edited by News18 employees and is revealed from a syndicated information company feed – PTI)