Net profit of Whirlpool of India rose 63.82% to Rs 128.70 crore in the quarter ended September 2019 as against Rs 78.56 crore during the previous quarter ended September 2018. Sales rose 17.94% to Rs 1393.46 crore in the quarter ended September 2019 as against Rs 1181.50 crore during the previous quarter ended September 2018.

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On consolidated basis, net profit jumped 63.82% to Rs 128.70 crore on a 17.94% increase in revenue from operations to Rs 1393.46 crore in Q2 September 2019 over Q2 September 2018.

Shares of the home appliances manufacturer soared 102% in last one year compared to 15.2% rise in the Sensex.

On the BSE, 6,747 shares were traded so far compared with average daily volumes of 4303 shares in the past two weeks. The stock was trading near its 52-week high of Rs 2,249.90 hit on 1 November 2019.

Whirlpool of India is one of the leading manufacturers and marketers of major home appliances in the country. The company is primarily engaged in manufacturing and trading of refrigerators, washing machines, air conditioners, microwave ovens and small appliances and caters to both domestic and international markets.

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Whirlpool of India Ltd lost 1.02% today to trade at Rs 2166.3. The S&P BSE Consumer Durables index is down 0.73% to quote at 26272.77. The index is up 3.23 % over last one month. Among the other constituents of the index, Titan Company Ltd decreased 0.97% and V I P Industries Ltd lost 0.89% on the day. The S&P BSE Consumer Durables index went up 34.06 % over last one year compared to the 15.22% surge in benchmark SENSEX.

Whirlpool of India Ltd has added 12.37% over last one month compared to 3.23% gain in S&P BSE Consumer Durables index and 6.9% rise in the SENSEX. On the BSE, 387 shares were traded in the counter so far compared with average daily volumes of 7202 shares in the past one month. The stock hit a record high of Rs 2249.9 on 01 Nov 2019. The stock hit a 52-week low of Rs 1275 on 26 Dec 2018.

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Whirlpool of India will hold a meeting of the Board of Directors of the Company on 7 November 2019.

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