Whirlpool of India Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023
February 02, 2024 at 03:19 am EST
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Whirlpool of India Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 15,356.5 million compared to INR 13,024.6 million a year ago. Revenue was INR 15,711.7 million compared to INR 13,434.3 million a year ago. Net income was INR 279.9 million compared to INR 246.9 million a year ago. Basic earnings per share from continuing operations was INR 2.21 compared to INR 1.95 a year ago. Diluted earnings per share from continuing operations was INR 2.21 compared to INR 1.95 a year ago.
For the nine months, sales was INR 50,958 million compared to INR 49,950 million a year ago. Revenue was INR 52,000.7 million compared to INR 50,900.3 million a year ago. Net income was INR 1,394.5 million compared to INR 1,563.5 million a year ago. Basic earnings per share from continuing operations was INR 10.99 compared to INR 12.32 a year ago. Diluted earnings per share from continuing operations was INR 10.99 compared to INR 12.32 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 
