Net profit of Whirlpool of India rose 6.94% to Rs 78.55 crore in the quarter ended September 2018 as against Rs 73.45 crore during the previous quarter ended September 2017. Sales rose 1.88% to Rs 1181.50 crore in the quarter ended September 2018 as against Rs 1159.67 crore during the previous quarter ended September 2017.

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Whirlpool of India will hold a meeting of the Board of Directors of the Company on 2 November 2018.

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Whirlpool of India Ltd gained 3.6% today to trade at Rs 1498. The S&P BSE Consumer Durables index is up 0.95% to quote at 18683.99. The index is down 9.9 % over last one month. Among the other constituents of the index, V I P Industries Ltd increased 2.12% and PC Jeweller Ltd added 0.79% on the day. The S&P BSE Consumer Durables index went up 1.26 % over last one year compared to the 7.28% surge in benchmark SENSEX.

Whirlpool of India Ltd has lost 7.75% over last one month compared to 9.9% fall in S&P BSE Consumer Durables index and 8.09% drop in the SENSEX. On the BSE, 5 shares were traded in the counter so far compared with average daily volumes of 21722 shares in the past one month. The stock hit a record high of Rs 1858.85 on 10 Sep 2018. The stock hit a 52-week low of Rs 1248 on 06 Feb 2018.

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Whirlpool of India completed the acquisition of 49% of the issued and paid up share capital of Elica PB India. With this transaction, Whirlpool of India will hold 49% shareholding in Elica PB India.

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