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Consolidated net sales (including other operating income) of Whirlpool of India for the quarter ended Mar 2023 has declined 2.01% to Rs 1672.65 crore. Operating profit margin has declined from 8.64% to 6.31%, leading to 28.42% decline in operating profit to Rs 105.62 crore. Raw material cost as a % of total sales (net of stock adjustments) decreased from 54.20% to 47.68%. Purchase of finished goods cost rose from 15.35% to 22.58%. Employee cost increased from 8.67% to 9.52%. Other expenses rose from 13.71% to 14.27%.
Other income rose 140.79% to Rs 32.29 crore. PBIDT fell 14.33% to Rs 137.91 crore. Provision for interest rose 21.09% to Rs 5.57 crore. Profit before tax down 29.07% to Rs 80.05 crore. Share of profit/loss were nil in both the periods. Provision for tax was expense of Rs 16.34 crore, compared to Rs 28.37 crore. Effectiv...
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