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Q1FY23 Quarterly Result Announced for Whirlpool of India Ltd.

Consumer Electronics firm Whirlpool of India announced Q1FY23 Result : Consolidated Total Revenue from operations up 55.2% vs LY Consolidated Profit before Tax (PBT) Rs 114.1 Cr, up 227.4% vs LY Consolidated Profit after Tax (PAT) Rs 84.6 Cr, up 231.6% vs LY Q1 Consolidated Total revenue from operations of Rs 2081 Cr up by 55.2% vs. LY, Q1 Consolidated EBITDA of Rs. 131.8 Cr up by 137.6% vs LY, Q1 Consolidated PBT at Rs 114.1 Cr up by 227.4% vs. LY and Q1 Consolidated PAT at Rs.84.6 Cr up by 231.6% vs LY Q1 Standalone Total revenue from operations of Rs 1,983.7 Cr, up by 48% vs. LY, Q1 Standalone EBITDA of Rs. 117.4 Cr up by 111.7% vs LY, Q1 Standalone PBT at Rs 105.01 Cr up by 221.2% vs. LY and Q1 Standalone PAT at Rs 77.9 Cr up by 233.8% vs LY driven by strong top line growth compared to last year (including the impact of Covid related disruptions last year), cost based pricing actions, our continued focus on cost productivity and better absorption of fixed cost. Mr Arvind Uppal, Chairman Whirlpool of India Limited said, "We had a record top line this quarter on the back of significant price increases taken earlier. While inflation has peaked, its impact on consumer demand is still playing out. Our cooking business continues to progress well and we remain confident that this will develop into another pillar for us." Mr Vishal Bhola, Managing Director Whirlpool of India Limited said, 'It was a strong start to the year with robust revenue growth of 55% and PAT growth of 230% although on a low covid-impacted quarter. The industry showed good recovery in mid and premium while the entry segment was muted with inflation putting stress on consumer spending. We remain confident in Whirlpool's ability to successfully navigate through what is likely for some time to be a volatile external environment.' Result PDF
09-08-2022
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WHIRLPOOL OF INDIA LTD. - 500238 - Board Meeting Intimation for Notice Of Board Meeting

WHIRLPOOL OF INDIA LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 08/08/2022 ,inter alia, to consider and approve As enclosed.
02-08-2022
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