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01-Nov-2022

Whirlpool of India

Net down 88% largely on weak operating show and lower EO income


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Consolidated net sales (including other operating income) of Whirlpool of India for the quarter ended Sep 2022 was flat at Rs 1611.54 crore.  Operating profit margin has declined from 8.1% to 5.5 %, leading to 31% decline in operating profit to Rs 88.91 crore.  Raw material cost as a % of total sales (net of stock adjustments) increased from 55.57% to 61.24%.   Purchase of finished goods cost fell from 9.27% to 6.85%.   Employee cost increased from 9.73% to 10.16%.   Other expenses fell from 16.92% to 16.03%.   Other income rose 23.22% to Rs 22.34 crore.  PBIDT fell 24.59% to Rs 111.25 crore.  Provision for interest fell 53.81% to Rs 2.73 crore.   PBDT fell 23.37% to Rs 108.52 crore.  Provision for depreciation rose 27.24% to Rs 41.53 crore.   Profit before tax down 38.53% to Rs 66.99 crore.  Exceptional item  was nil against  Rs 324.59 ...



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