 "Whirlpool of India third quarter profit falls 6.70% to Rs 71.36 crore")
Consumer durables maker Whirlpool of India Ltd on Thursday reported a 6.70 per cent fall in its consolidated profit at Rs 71.36 crore for the quarter ended December on account of sharp increase in input costs.
The company had posted a profit of Rs 76.49 crore in the October-December quarter a year ago.
Its total income was up 16.14 per cent at Rs 1,522.34 crore during the quarter under review, as against Rs 1,310.69 crore in the corresponding quarter last fiscal, Whirlpool of India said in a regulatory filing.
Whirlpool of India reported a 52.92 per cent jump in cost of raw material and components consumed in the third quarter of the current fiscal at Rs 910.82 crore, as against Rs 595.59 crore in the same period a year ago.
Shares of Whirlpool of India were trading 4.51 per cent lower at Rs 2,462.20 apiece on BSE.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app