Whirlpool of India shares dropped more than 2% after the company announced its Q3 results. As of 10:30 AM, the shares were trading 2.27% lower at Rs 1,123.80.
The home appliance giant posted a net profit of ₹44 crore for the October-December period, marking a robust 57.1% increase compared to ₹28 crore in the same quarter last year.
Revenue for the quarter grew by 11% to ₹1,705 crore, up from ₹1,536 crore in the previous year’s corresponding period. The company’s earnings before interest, tax, depreciation, and amortization (EBITDA) rose 10.3% to ₹69.2 crore from ₹62.7 crore. However, EBITDA margins remained steady at 4.1%, reflecting stable operational efficiency despite market fluctuations.
The strong financial performance highlights Whirlpool’s resilience and strategic execution in a competitive home appliance market.
Whirlpool shares opened today at ₹1,165.00, reaching a high of ₹1,166.70 and a low of ₹1,116.15. The stock remains near its 52-week low of ₹1,075.00, significantly below its 52-week high of ₹2,449.70.
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