July 03, 2026 05:50 am (IST)

Make this your homepage

All Finance

India-US trade deal almost done! Piyush Goyal hints at breakthrough | Ram Mandir donation scam: Champat Rai points finger at his own driver | PM Modi welcomes Japanese PM Sanae Takaichi as India-Japan ties enter a new era | 'Not an isolated incident': India slams Pakistan after 125-year-old historic Gurdwara is demolished | Ram Mandir donation theft: Six accused were employed by Varanasi-based security firm, probe reveals | Ayodhya Ram Temple donation theft: Probe says majority of money was allegedly stolen during Kumbh Mela | Commercial LPG price slashed by Rs 183.50 from July 1; check new rates in Delhi, Mumbai, Kolkata and Chennai | Trump suffers major blow as US Supreme Court upholds birthright citizenship | Delhi-Mumbai Expressway horror: Passenger bus goes up in flames after fatal collision, 8 dead | 'Dharmendra Pradhan will be responsible if anything happens': CJP warns as Sonam Wangchuk's health worsens on day 3 of hunger strike

Whirlpool declares Q1 PAT of Rs. 98 cr, up by 18.2 pct yoy

India Blooms News Service | | Jul 22, 2015, at 03:25 am

Gurgaon, July 21 (IBNS): Whirlpool of India, a subsidiary of Whirlpool Corporation, the world's leading home appliance company, on Tuesday announced strong operating results for the first quarter of 2015-16 with the company's total income standing at Rs. 1,100.3 crore, a growth by 4.6 percent.

The company registered Profit after Tax at Rs. 98.1 crore which is higher by 18. percent over the same quarter last year.

EBITDA margin stood at 14.8 percent which was better by 1.6 points than the corresponding quarter of the previous fiscal.

The company continues to be debt free and its cash surplus of Rs 770 Cr is at its highest ever.

Arvind Uppal, Chairman Whirlpool of India Limited and President Asia Pacific, Whirlpool Corporation said, "We have started the year well despite a weak business environment especially in semi urban and rural markets. This quarter was also adversely impacted by heavy rains in June. We continue to see improvement in margins on account of cost, productivity and improved mix and expect demand to improve in the coming festival season. We remain optimistic about the future."

#Whirlpool # PAT # Arvind Uppal # EBITDA # Whirlpool Corporation

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