Whirlpool turns around; Net profit at Rs 192 m - Views on News from Equitymaster

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Whirlpool turns around; Net profit at Rs 192 m

Aug 2, 2000

Whirlpool limited has posted a 12% rise in sales for the 1HFY01. However, the sales for the 2QFY01 is up 24% from Rs 2,728 m to Rs 3,386 m. The operating margins have improved, which is driven by revenue growth and through continuous cost control measures.

(Rs m) 1HFY00 1HFY01 Change
Sales 4,808 5,370 11.7%
Other Income 24.3 78.3  
Expenditure 4,424 4,791 8.3%
Operating Profit (EBDIT) 385 579 50.6%
Operating Profit Margin (%) 8.0% 10.8%  
Interest 288 288 -0.2%
Depreciation 193 177 -8.0%
Profit before Tax -72 192  
Other Adjustments - -  
Tax - -  
Profit after Tax/(Loss) (72) 192  
Net profit margin (%) -1.5% 3.6%  
No. of Shares (eoy) (m) 126.9 126.9  
Diluted number of shares 126.9 126.9  
Diluted Earnings per share* -2.3 6.1  
*(annualised)      

The operating profit is up from Rs 385 m in 1HFY00 to Rs 579 m in 1HFY01. The company has posted a net profit of Rs 192 m for the first half of FY01 compared to a net loss of Rs 72 m for the respective previous year. It has gained the market leader position in the refrigerator segment with more than 22% share this year.

The stock is currently trading at Rs 29.5 at a P/E multiple of 4.8x on the annualised first half FY01 earnings.

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WHIRLPOOL OF INDIA Announces Quarterly Results (3QFY21); Net Profit Down 12.1% (Quarterly Result Update)

Feb 5, 2021 | Updated on Feb 5, 2021

For the quarter ended December 2020, WHIRLPOOL OF INDIA has posted a net profit of Rs 644 m (down 12.1% YoY). Sales on the other hand came in at Rs 15 bn (up 17.5% YoY). Read on for a complete analysis of WHIRLPOOL OF INDIA's quarterly results.

WHIRLPOOL OF INDIA Announces Quarterly Results (1QFY21); Net Profit Down 91.4% (Quarterly Result Update)

Aug 18, 2020 | Updated on Aug 18, 2020

For the quarter ended June 2020, WHIRLPOOL OF INDIA has posted a net profit of Rs 165 m (down 91.4% YoY). Sales on the other hand came in at Rs 10 bn (down 48.0% YoY). Read on for a complete analysis of WHIRLPOOL OF INDIA's quarterly results.

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