August 18, 2026 07:52 am (IST)
Follow us:
Whirlpool of India delivers record Q4 profit
Kolkata, May 20 (IBNS): Whirlpool of India, a subsidiary of Whirlpool Corporation, on Friday announced strong operating results for the fourth quarter of 2015-16. Total income of Rs.860 Cr. grew by 10.9% and Profit after Tax at Rs 67.8 Cr. was higher by 22.7% over the same quarter last year.
Higher sales fuelled by Airconditioner and Refrigerator demand and better cost productivity contributed to the quarter’s results, a company statement said.
The company continues to remain debt free and cash positive. EPS of Rs. 5.34 was significantly higher than Rs. 4.36 posted in the same quarter last year.
Arvind Uppal, Chairman Whirlpool of India Limited and President Asia Pacific, Whirlpool Corporation said, "We are starting to see a momentum change on the growth side, with an improvement across key financial levers like profitability and cash. While growth is still very much an urban phenomenon good monsoons will be a game changer for rural demand. We remain bullish on the business in India."
Sunil D’Souza, Managing Director Whirlpool of India Limited said, “New product launches in both mass and premium segments to strengthen our portfolio across categories, backed by footprint expansion and shop-floor execution drove the top-line. The team also leveraged commodity opportunities and tackled currency volatility while continuing the strong focus on costs and efficiencies to deliver a stronger operating margin and significant bottom-line growth.”
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
Latest Headlines
BPCL flags off first extreme weather grade diesel rake from Bina Refinery to power Indian Army’s high-altitude operations
Mon, Aug 17 2026
Chief Economic Adviser backs E10 option for older vehicles as E20 fuel transition sparks debate
Mon, Aug 17 2026
L&T secures ultra-mega order for strategic offshore development project in Middle East
Mon, Aug 17 2026
Mahindra launches BLAZO i-TRK: All details inside
Sun, Aug 16 2026
Reliance Industries, Rolls-Royce join hands to explore indigenous engine for India’s AMCA fighter
Sat, Aug 15 2026
BSNL’s Independence Day gift: Re 1 Recharge, 412-Day Plan and 500 Free TV Channels. Check now
Sat, Aug 15 2026
Emami’s big snack bet: ₹750 crore investment, new WeMe brand targets ₹1,000 crore in 3-5 years
Sat, Aug 15 2026