Whirlpool shares up nearly 3 pc after Q2 earnings

Sumedha Shankar

New Delhi, Nov 7 (PTI) Shares of consumer electronics firm Whirlpool of India on Thursday rose nearly 3 per cent after the company reported 63.82 per cent increase in consolidated net profit for the quarter ended September.

The scrip gained 2.45 per cent to close at Rs 2,186.05 on the BSE. During the day, it jumped 3.94 per cent to Rs 2,218.

At the NSE, it rose 2.78 per cent to close at Rs 2,191.95.

Whirlpool of India on Thursday reported a 63.82 per cent rise in consolidated net profit at Rs 128.7 crore for September quarter.

The company had posted a consolidated net profit of Rs 78.56 crore in the year-ago quarter, Whirlpool of India said in a regulatory filing.

Revenue from operations during the quarter under review stood at Rs 1,393.46 crore as against Rs 1,181.5 crore in the corresponding period last year, a growth of 17.94 per cent. PTI SUMRVK