Whirlpool of India Q4 net up 14 pc at Rs 104 cr

Image
Press Trust of India New Delhi
Last Updated : May 24 2019 | 5:06 PM IST

Whirlpool of India Friday reported 13.91 per cent increase in profit at Rs 104.1 crore for the fourth quarter ended March 31, 2019.

The company posted a profit of Rs 91.38 crore in the year-ago quarter.

Total income from operations during the quarter under review stood at Rs 1,380.5 crore, up 7.6 per cent from Rs 1,282.42 crore in the year-ago period, Whirpool of India said in a BSE filing.

"Despite a delayed summer and some consumer uncertainty, we delivered another strong quarter with healthy growth on top line, margins, bottom line and market share. A strong cadence of product launches backed by ramped up execution was the key to deliver the quarter," Whirlpool of India MD Sunil D'Souza said.

"Given the current global context, we do see the possibility of headwinds building up in some key commodities. However, with strong product plans in place, we remain confident of delivering strong results ahead," D'Souza added.

The company's board has recommended a final dividend of Rs 5 per equity share for 2018-19.

Shares of Whirlpool of India settled 1.09 per cent lower at Rs 1,378.85 apiece on the BSE.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: May 24 2019 | 5:06 PM IST

Next Story