Whirlpool of India Q1 net profit and EBITDA flat, margin expands to 8.7%

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Whirlpool of India's margin expanded to ₹8.7% in the first quarter from ₹8.5% in the year-ago period.

Whirlpool of India Q1 net profit and EBITDA flat, margin expands to 8.7%

Whirlpool of India Ltd. reported its first quarter earnings on Saturday, July 26.

The company's net profit increased marginally by 0.7% to ₹146 crore in the June quarter from ₹145 crore in the year-ago period.

Its revenue of ₹2,432 crore declined 2.6% from ₹2,497 crore in the first quarter of last fiscal.

Its earnings before interest, taxes, depreciation and amortisation declined marginally by 0.2% from ₹211.4 crore in the previous year to ₹211 crore in the quarter under review.

The company's margin expanded to ₹8.7% in the first quarter from ₹8.5% in the year-ago period.

Shares of Whirlpool of India ended the previous session 0.13% lower at ₹1,409 apiece. The stock has declined 22.4% this year, so far.

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