REC registers highest 1st quarter profit of Rs 3,442 cr
Aided by growth in profits, the Net Worth has grown to Rs 72,351 crore as on 30th June 2024, registering an increase of 19 per cent YoY.
Consumer durable maker Whirlpool of India on Tuesday reported a 61.96 percent increase in consolidated net profit to Rs 25.51 crore for the first quarter ended June 30.
The company had posted a net profit of Rs 15.75 crore during the April-June quarter of the previous fiscal, Whirlpool of India, a subsidiary of Whirlpool Corporation, said in a regulatory filing.
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Its revenue from operations rose 30.53 percent to Rs 1,340.61 crore during the quarter under review, as against Rs 1,027.05 crore a year ago.
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Whirlpool of India’s total expenses surged 30.09 percent to Rs 1,321.92 crore in Q1 FY22 compared to Rs 1,016.12 crore in the year-ago period.
Shares of Whirlpool of India Ltd closed at Rs 2,101.85 per unit, down 1.87 percent from the previous close.
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