You are here: Home » PTI Stories » National » News
Business Standard

Whirlpool of India Q1 net rises 8.8% to Rs 132.72 cr

Press Trust of India  |  New Delhi 

Home appliances maker reported a 8.8 per cent increase in net profit at Rs 132.72 crore for the quarter ended June 30.

The company had posted a net profit of Rs 121.95 crore in the corresponding period last year.

Total during the first quarter went up by 15.06 per cent to Rs 1,639.54 crore from Rs 1,424.85 crore in the year-ago period, said in a filing.

The company said its board has also approved a proposed investment in notes, to be issued by Whirlpool SA (fellow subsidiary) amounting to up to USD 50 million (Rs 319 crore) subject to regulatory approvals.

of were trading 3.07 per cent up at Rs 1,192 apiece on the

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, August 07 2017. 15:57 IST