Bigul

WHIRLPOOL OF INDIA LTD. - 500238 - Compliances-Reg.24(A)-Annual Secretarial Compliance

Submission of Annual Secretarial Compliance Report for the year ended March 31, 2023
30-05-2023
Bigul

WHIRLPOOL OF INDIA LTD. - 500238 - Compliances-Reg.24(A)-Annual Secretarial Compliance

Submission of Annual Secretarial Compliance Report for the year ended March 31, 2023
30-05-2023

Buy Whirlpool of India; target of Rs 1690: YES Securities

YES Securities is bullish on Whirlpool of India has recommended buy rating on the stock with a target price of Rs 1690 in its research report dated May 17, 2023.
19-05-2023

Muted demand hits Whirlpool in Q4 but brokerages retain Buy

Sales were lower due to subdued market conditions and calibrated price correction actions, said the company.
18-05-2023
Bigul

Q4FY23 Quarterly & FY23 Annual Result Announced for Whirlpool of India Ltd.

Consumer Electronics company Whirlpool of India announced Q4FY23 & FY23 results: Consolidated FY23: Revenue of Rs 6,667.7 crore, growing 7.6% vs LY. PBT (before exceptional items) at Rs 297.2 crore was down by 8.8% vs LY PAT (before exceptional items) was at Rs 224 crore, down by 7.7% vs LY. PBT and PAT on a reported basis were lower by 54.3% and 60.5% respectively vs LY driven by one time exceptional gain of Rs 324.6 crore from Elica India acquisition in the previous financial year. Consolidated Q4FY23: Revenue from Operations were at Rs 1,672.7 crore, lower by 2% vs LY. PBT was at Rs 80 crore down by 29.1% vs LY PAT was at Rs 63.7 crore down by 24.6% vs LY Mr Narasimhan Eswar, Managing Director, Whirlpool of India Limited said, “We believe that the strong leverage of our recent product launches especially in mid and premium ranges combined with a renewed drive on all aspects of in-market excellence and accelerated cost reduction programs will help us grow profitably. Our recent portfolio expansion actions in the cooking category are yielding good results with Elica India revenue growing at double digits with healthy margins.” Result PDF
18-05-2023
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