Whirlpool of India Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2023
May 17, 2023 at 05:18 pm IST
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Whirlpool of India Limited reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported sales was INR 16,726.5 million compared to INR 17,069.1 million a year ago. Revenue was INR 17,049.4 million compared to INR 17,203.2 million a year ago. Net income was INR 626.8 million compared to INR 838.2 million a year ago. Basic earnings per share from continuing operations was INR 4.94 compared to INR 6.61 a year ago.
For the full year, sales was INR 66,676.5 million compared to INR 61,965.7 million a year ago. Revenue was INR 67,949.6 million compared to INR 62,598.7 million a year ago. Net income was INR 2,190.2 million compared to INR 5,663.7 million a year ago. Basic earnings per share from continuing operations was INR 17.26 compared to INR 44.64 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 
