December 27, 2025 08:36 pm (IST)

Make this your homepage

All Finance

CBI moves Supreme Court challenging Kuldeep Sengar's relief in Unnao rape case | Music under attack: Islamist mob attacks James concert with bricks, stones in Bangladesh, dozens hurt | Christmas vandalism sparks mass arrests in Raipur; Assam acts too with crackdown on 'religious intolerance' | BJP's VV Rajesh becomes Thiruvananthapuram Mayor after party topples Left's 45-year-rule in city corporation | ‘I can’t bear the pain’: Indian-origin father of three dies after 8-hour hospital wait in Canada hospital | Janhvi Kapoor, Kajal Aggarwal, Jaya Prada slam brutal lynching in Bangladesh, call out ‘selective outrage’ | Tarique Rahman returns to Bangladesh after 17 years | Shocking killing inside AMU campus: teacher shot dead during evening walk | Horror on Karnataka highway: sleeper bus bursts into flames after truck crash, 9 killed | PM Modi attends Christmas service at Delhi church, sends message of love and compassion

Whirlpool Q3 profit jumps 49 pct

India Blooms News Service | | Jan 31, 2015, at 02:52 am

#Whirlpool Q3 profit jumps 49 pct

Kolkata, Jan 30 (IBNS): Whirlpool of India, a subsidiary of Whirlpool Corporation, on Friday announced strong operating results for the third quarter of 2014-15.

Total income of Rs. 721.4 Cr. grew by 7.2% and Profit after Tax at Rs 31.5 Cr. was higher by 48.6% over the same quarter last year.

EBITDA margin at 8.9% was better by 2.2 points. The company continues to remain debt free and cash positive. EPS of 2.49 was significantly higher than 1.67 posted in the same quarter last year, a company statement said.

Arvind Uppal, Chairman Whirlpool of India Limited and President Asia Pacific, Whirlpool Corporation said, "We are pleased with our third quarter results. Improved product, mix and cost productivity helped offset the softness in demand post Diwali. The drop in raw material prices augurs well for the industry and we remain optimistic about the future outlook."

Whirlpool has focused on growing its presence in the premium end and its business in Built In appliances, sold through the kitchen manufacturer channel, is now available in >250 outlets across the country. It is also developing plans to expand its air conditioner, microwave and water purifier businesses through a concerted set of actions, the statement said.

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.

India
International

Related Images

Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:41 pm

Veedol signs former Indian skipper Sourav Ganguly as brand ambassador Jun 29, 2024, at 06:38 am

In Images: Glimpses from Bengali film Fatafati's premiere May 13, 2023, at 08:39 pm