Whirlpool posts highest ever sales in Q4, net rises 7% to Rs 74 cr

Received highest sales at Rs 4,360 cr, 14.5% higher than Rs 3,808 cr in 2015-16

Home appliances major Whirlpool's revenue rose 19.2 per cent year for the fourth quarter (Q4) ended March 31, 2017 to Rs 1,114 crore from Rs 935 crore last year.

Its net profit grew 7.4 per cent to Rs 74.4 crore as a 36 per cent increase in its income tax expenses offset growth in its operating profit.

The firm's yearly sales, like its March quarter top line, remained highest ever at Rs 4,360 crore — 14.5 per cent higher than Rs 3,808 crore in 2015-16. 

Its net profit grew 29.4 per cent to Rs 310.5 crore from Rs 240 crore, year on