Whirlpool India Q2 net down 7% to stand at Rs 37.60 crore
The company said its total income of Rs. 713.6 cr. declined by 4.2% and Profit after Tax of Rs. 37.6 was also lower than the same quarter last year by 3.1 cr.
The cumulative revenue and PAT for the first 6 months of the year is 0.9% and 9.7% ahead of last year.
Arvind Uppal, Chairman Whirlpool of India Limited and President Asia Pacific, Whirlpool Corporation said, "We are satisfied with the overall results, given the delayed timing of Diwali and the overall softness in the rural and semi-urban markets. We continue to execute well and are seeing the benefits of lower raw material costs. We remain confident about our results going forward."
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