Whirlpool Q1 net falls 92 pc to Rs 15.75 cr

Home appliances maker Whirlpool of India on Thursday reported a 91.82 per cent fall in its net profit at Rs 15.75 crore for the quarter ended June due to lower income. Shares of Whirlpool of India were trading 1.24 per cent higher at Rs 2,115 apiece on the BSE.

Home appliances maker Whirlpool of India on Thursday reported a 91.82 per cent fall in its net profit at Rs 15.75 crore for the quarter ended June due to lower income. The company had posted a net profit of Rs 192.67 crore in the year-ago period. Total income during the first quarter stood at Rs 1,041.24 crore, down 47.98 per cent, as against Rs 2,001.63 crore in the year-ago quarter, the company said in a BSE filing. Shares of Whirlpool of India were trading 1.24 per cent higher at Rs 2,115 apiece on the BSE.