July 02, 2026 11:15 pm (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's Q4 profit jumps 55 pct, revenue up by 16 pct

India Blooms News Service | | May 21, 2015, at 04:00 am

Kolkata, May 20 (IBNS): Whirlpool of India, a subsidiary of Whirlpool Corporation, on Wednesday announced strong operating results for the fourth quarter of 2014-15.

Total income of Rs. 776.6 Cr. grew by 16.4% and Profit after Tax at Rs. 55.3 Cr. was higher by 55.5% over the same quarter last year. EBITDA margin at 12.0% was better by 1.8 points than the corresponding quarter of the previous fiscal.

Total income for the financial year 2014-15 stood at Rs 3,294 Cr, a growth of 16.2%. EBITDA margin saw a 2.8% improvement over the previous year.

The company continues to remain debt free with a record cash surplus of Rs 536 Cr. EPS of 16.60 was the company’s best ever and significantly higher than Rs 9.60 posted last year.

Arvind Uppal, Chairman Whirlpool of India Limited and President Asia Pacific, Whirlpool Corporation said, "We delivered strong results in the 4th quarter driven by both top line growth and moderation in input costs. The impact of unseasonal weather conditions is likely to moderate demand in semi urban and rural areas, but we remain optimistic that growth will accelerate in the second half of the year."

Whirlpool has launched a new range of air conditioners and refrigerators for the summer. It has also increased its in-shop presence across the country, with the intention of growing categories such as Air Conditioners, Microwaves and Water Purifiers. Its premium Built In appliances, sold through the kitchen manufacturer channel, is also expanding its footprint across the country.

#Whirlpool's Q4 profit jumps 55 pct # revenue up by 16 pct

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