Whirlpool of India Ltd. : Q4FY17 Results
Amir Shaikh / 16 May 2017
The company's total sales for Q4FY17 came in at Rs 1014.55 crore, which represents a 25.23 per cent sequential increase and 19.57 per cent YoY increase.
Whirlpool of India Ltd. reported its results for the quarter ended March 31, 2017, today.
The company's total sales for Q4FY17 came in at Rs 1014.55 crore, which represents a 25.23 per cent sequential increase and 19.57 per cent YoY increase.
Its operating profit (EBIT) for the quarter amounted to Rs 99.74 crore and its EBIT margin stood at 9.83 per cent.
The company reported PAT of Rs 74.38 crore, which represents a sequential QoQ increase of 34.16 per cent and a YoY increase of 7.36 per cent.
During FY16-17, the company reported 14.6 per cent YoY increase in revenue to Rs. 3941 crore. The company witnessed substantial increase in net profit to Rs 468 crore, up by 31.6 per cent YoY .
The company's stock opened at Rs 1239.8 on the BSE and remained under pressure ahead of its quarterly results. It closed at Rs 1192.65, down by 2.7 per cent from the previous close of Rs 1225.65.
Whirlpool India Ltd is an India-based company dealing in the manufacture of home appliances. Its products consist of refrigerators, washing machines, UPS, air conditioners, water purifiers, oil built heaters and accessories.
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