Whirlpool of India Q4 net up 7.4% at Rs 74.38 cr

16/05/2017 17:28

Leading home appliance company Whirlpool of India Ltd on Tuesday reported a rise of 7.4 per cent in its standalone net profit after taxes (PAT) at Rs 74.38 crore for the fourth quarter ended March 31, 2017.

“The standalone PAT of the company stood at Rs 69.28 crore during the same period a year ago,” said Whirlpool of India Ltd in a filing to the Bombay Stock Exchange on May 16, 2017.

Further, the standalone total income of the company increased by 19.1 per cent at Rs 1,131.10 crore during Q4 2016-17, as compared to Rs 949.96 crore during the same period last year.

The company saw its net sales rose 19.2 per cent to Rs 1,114.29 crore during the quarter, against Rs 934.73 crore in the corresponding period of FY16.

The Board of Directors of the company has recommended a final dividend of Rs 3 per equity share of the face value of Rs 10 each (30 per cent) for the FY 2016-2017.

Meanwhile, shares of the company closed at Rs 1,192.65 apiece, down 2.69 per cent, from previous close on BSE.

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