financetom
Business
financetom
/
Business
/
Whirlpool Q1FY22: Net profit rises 61.9% to Rs 25.51 crore
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Whirlpool Q1FY22: Net profit rises 61.9% to Rs 25.51 crore
Aug 10, 2021 7:40 AM

Consumer durable maker Whirlpool of India on Tuesday reported a 61.96 percent increase in consolidated net profit to Rs 25.51 crore for the first quarter ended June 30. The company had posted a net profit of Rs 15.75 crore during the April-June quarter of the previous fiscal, Whirlpool of India, a subsidiary of Whirlpool Corporation, said in a regulatory filing.

Its revenue from operations rose 30.53 percent to Rs 1,340.61 crore during the quarter under review, as against Rs 1,027.05 crore a year ago. Whirlpool of India's total expenses surged 30.09 percent to Rs 1,321.92 crore in Q1 FY22 compared to Rs 1,016.12 crore in the year-ago period.

Shares of Whirlpool of India Ltd closed at Rs 2,101.85 per unit, down 1.87 percent from the previous close.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Provident Financial Gets Board Authorization to Extend Buyback Program
Provident Financial Gets Board Authorization to Extend Buyback Program
Sep 27, 2024
04:34 AM EDT, 09/27/2024 (MT Newswires) -- Provident Financial ( PROV ) said late Thursday that its board authorized the extension of its buyback program by one year or until completed. The company said 99,968 shares are available for purchase under its repurchase plan authorized on Sept. 28, 2023. ...
Update: Real Good Food Signs $60 Million Term Loan; Shares Surge Premarket
Update: Real Good Food Signs $60 Million Term Loan; Shares Surge Premarket
Sep 27, 2024
04:58 AM EDT, 09/27/2024 (MT Newswires) -- (Updates with the stock move in the second paragraph.) Real Good Food ( RGF ) said late Thursday that it entered into an agreement with Emblem Investments Fund I, for a new term loan of $60 million and amended its financing with PMC Financial Services Group. Shares of the company jumped over 36%...
Algoma Steel Group Sets Fiscal Q2 Adjusted EBITDA Guidance
Algoma Steel Group Sets Fiscal Q2 Adjusted EBITDA Guidance
Sep 27, 2024
04:41 AM EDT, 09/27/2024 (MT Newswires) -- Algoma Steel Group ( ASTL ) said late Thursday it expects fiscal Q2 adjusted earnings before interest, taxes, depreciation and amortization of between 5 million Canadian dollars ($3.7 million) and negative CA$5 million. The company said the guidance includes the initial recovery of insurance proceeds estimated at about $20 million. Algoma Steel (...
Multiple terminals closed at Port of Los Angeles after lithium battery fire
Multiple terminals closed at Port of Los Angeles after lithium battery fire
Sep 27, 2024
Sept 27 (Reuters) - Operations at Port of Los Angeles suffered disruptions as an overturned tractor trailer carrying a load of lithium batteries ignited a fire near Ocean & Navy Way on Terminal Island on Thursday, leading to the closure of several terminals. Firefighters will continue to monitor the battery fire through Thursday night and Friday, Los Angeles Fire Department...
Copyright 2023-2026 - www.financetom.com All Rights Reserved