Whirlpool profit after tax climbs 62% in June quarter on low base

Home appliances major Whirlpool of India, on Tuesday, reported a 62 per cent rise in its profit after tax (PAT) during the April-June quarter. Its net profit for the quarter stood at Rs 25.5 crore -- up from Rs 15.8 crore in the year-ago period.

The firm’s operating revenue rose 30.5 per cent over the same quarter last year to Rs 1,341 crore. The top-line growth came on low bases because of a nationwide lockdown in the June quarter last year. 

Against its pre-Covid performance, the operating revenue was 32 per cent lower than Rs 1,974 crore it had posted in the