WHIRLPOOL OF INDIA LTD. - 500238 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
As enclosed08-02-2024
Whirlpool of India Q3 Results Review - Market Share, Margins Set To Improve; Upgrade To Buy: Yes Securities
Company has now started to gain market share from past two quarters after it took pricing action and added field executives and new launches.05-02-2024
Aided by volume growth, Whirlpool India Q3 net up 12%
Consolidated total revenue from operations stood at 1,535.7 crore up by 17.9 per cent02-02-2024
Q3FY24 Quarterly & 9MFY24 Result Announced for Whirlpool of India Ltd.
Consumer Electronics company Whirlpool of India announced Q3FY24 & 9MFY24 results: Consolidated Q3FY24: Total revenue from operations is at Rs 1,535.7 crore, is up by 17.9% vs Q3FY23 EBITDA is at Rs 62.7 crore, is up by 42.5% vs Q3FY23 PBT at Rs 42.2 crore is up by 17.1% PAT is at Rs 29.9 crore up by 12% vs Q3FY23. Consolidated 9MFY24: Total revenue from operations at Rs 5095.8 crore is up by 2% vs. 9MFY23 EBITDA at Rs 259.2 crore is lower by 2.1% vs 9MFY23 PBT at Rs.193.1 crore is lower by 11.1% vs. 9MFY23 PAT at Rs.144.9 crore is lower by 9.7% vs 9MFY23. Narasimhan Eswar, Managing Director Whirlpool of India said, "We had a strong quarter on revenue and volume growth on the back of our recently launched innovations being fully available in the marketplace, competitive pricing indices compared to a year ago, a significant step up in all executional areas, driving premiumisation across categories and also aided by Diwali seasonality this year. On the profit front, other than the positive effects of volume growth and mix, we also reaped the benefits of a strong productivity program across all lines of the P&L.;" Result PDF02-02-2024