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Whirlpool of India reports 92% fall in Q1 consolidated net profit

07 Aug 2020 Evaluate

Whirlpool of India has reported results for the first quarter ended June 30, 2020.

The company has reported a fall of 91.37% in its net profit at Rs 16.47 crore for the quarter under review as compared to Rs 190.84 crore for the same quarter in the previous year. Total income of the company decreased by 47.98% at Rs 1,041.24 crore for Q1FY21 as compared Rs 2,001.63 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 91.83% in its net profit at Rs 15.75 crore for the quarter under review as compared to Rs 192.67 crore for the same quarter in the previous year. Total income of the company decreased by 47.98% at Rs 1,041.24 crore for Q1FY21 as compared Rs 2,001.63 crore for the corresponding quarter previous year.

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