WHIRLPOOL OF INDIA Announces Quarterly Results (1QFY20); Net Profit Up 16.5%

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WHIRLPOOL OF INDIA Announces Quarterly Results (1QFY20); Net Profit Up 16.5%
Fri, 16 Aug

WHIRLPOOL OF INDIA has announced its results for the quarter ended June 2019. Here is a detailed performance review of the same:

WHIRLPOOL OF INDIA Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-18*
3
Mar-19*
3
Jun-19*
QoQ ChangeYoY Change
Net SalesRs m16,51113,55219,74245.7%19.6%
Other incomeRs m3572532748.2%-23.1%
TurnoverRs m16,86813,80520,01645.0%18.7%
ExpensesRs m14,07011,83816,71841.2%18.8%
Gross profitRs m2,4401,7143,02576.5%23.9%
DepreciationRs m272320305-4.5%12.0%
InterestRs m18334534.6%154.0%
Profit before taxRs m2,5071,6142,94982.7%17.6%
TaxRs m8695731,04181.5%19.7%
Profit after taxRs m1,6381,0411,90883.3%16.5%
Gross profit margin%14.812.615.3
Effective tax rate%34.735.535.3
Net profit margin%9.77.59.5
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Company Reports, Regulatory Filings, Equitymaster


Year-on-Year Performance:
  • The company's operating income during the quarter grew 19.6% on a year-on-year (YoY) basis. The expenses were up by 18.8% YoY during the same period.
  • The company's operating profit increased by 23.9% YoY during the quarter. Consequently, operating profit margins remained same and stood at 15.3% in 1QFY20.
  • Depreciation charges increased by 12.0% and finance costs increased by 154.0% YoY, respectively.
  • Other income declined by 23.1% YoY during the quarter.
  • Net profit for the quarter increased by 16.5% YoY. Net profit margins during the quarter declined from 9.7% in 1QFY19 to 9.5% in 1QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 45.7% on a quarter-on-quarter (QoQ) basis. The expenses were up by 41.2% QoQ during the same period.
  • The company's operating profit increased by 76.5% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 15.3% in 1QFY20 as against 12.6% in 4QFY19.
  • Net profit for the quarter increased by 83.3% QoQ, while net profit margins increased from 7.5% in 4QFY19 to 9.5% in 1QFY20.

To see how WHIRLPOOL OF INDIA has performed over the last eight quarters,please visit here.

WHIRLPOOL OF INDIA Share Price Performance

Over the last one year,WHIRLPOOL OF INDIA share price has moved down from Rs 1,730.6 to Rs 1,539.0, registering a Loss of Rs 191.6 or around 11.1%.

Meanwhile, the S&P BSE CONSUMER DURABLES Index is trading at Rs 22,494.3 (down 1.0%). Over the last one year it has moved up from 21,854.1 to 22,494.3, a gain of 640 points (up 2.9%).

Overall, the S&P BSE SENSEX is down 1.9% over the year.

Current Valuations

At the current price of Rs 1,539.0, the price to earnings (P/E) ratio of WHIRLPOOL OF INDIA stands at 45.0 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 9.1 times.

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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)

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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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