Whirlpool of India announced its financial results for the third quarter of FY25 on January 31 (Wednesday). The home appliances maker reported a strong increase in net profit, supported by higher revenue, even as margins remained flat on a year-on-year basis.CompanyValueChange%ChangeThe company’s net profit surged 57.1% to ₹44 crore, compared to ₹28 crore in the same quarter last year. However, its operating performance saw moderate growth, with EBITDA rising 10.4% to ₹69.3 crore, up from ₹62.8 crore in Q3 FY24.Whirlpool’s revenue increased 11% to ₹1,704.9 crore, compared to ₹1,535.7 crore in the corresponding period last year.
Also read: Kajaria Ceramics Q3 Results: Profit drops over 25%, revenue flat; margins shrinkThe Gurugram based company is one of the largest manufacturers and marketers of major home appliances in the country.Despite revenue and profitability growth, margins remained unchanged at 4.1% on a year-on-year basis.Ahead of the earnings announcement, shares of Whirlpool of India closed 2.73% lower at ₹1,149.75 on the BSE on Wednesday.
