Whirlpool of India Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023
November 03, 2023 at 02:34 am EDT
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Whirlpool of India Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was INR 15,215.6 million compared to INR 16,115.4 million a year ago. Revenue was INR 15,554.5 million compared to INR 16,336.8 million a year ago. Net income was INR 365.8 million compared to INR 479.3 million a year ago. Basic earnings per share from continuing operations was INR 2.89 compared to INR 3.78 a year ago.
For the six months, sales was INR 35,601.5 million compared to INR 36,925.4 million a year ago. Revenue was INR 36,289 million compared to INR 37,466 million a year ago. Net income was INR 1,114.6 million compared to INR 1,316.6 million a year ago. Basic earnings per share from continuing operations was INR 8.79 compared to INR 10.38 a year ago.
Whirlpool of India Limited is an India-based manufacturers and marketers of various home appliances. The Company is primarily engaged in manufacturing and trading refrigerators, washing machines, air conditioners, microwave ovens, kitchen appliances, built-in and small appliances and caters to both domestic and international markets. The Company also provides services in the area of product development and procurement services to Whirlpool Corporation, United States of America and other group companies. Its refrigerators include single door refrigerators, double door refrigerators, three door refrigerators, bottom mount refrigerators, side by side refrigerators and four door refrigerators. Its washing machines include semi-automatic washing machines, top load washing machines and front load washing machines. In the air conditioners category, it offers split air-conditioners. It offers microwave ovens, such as convection microwave ovens, grill microwave ovens and solo microwave ovens.
WHIRLPOOL OF INDIA LIMITED 
