Top Story


Home >> Marketing >> Article

Whirlpool Q1 FY15 net up 67% at Rs 83 cr; total income up 19%

Font Size   16
Whirlpool Q1 FY15 net up 67% at Rs 83 cr; total income up 19%

Whirlpool of India, subsidiary of Whirlpool Corporation, has announced total income of Rs 1,052 crore for the first quarter ended June 30, 2014, a growth of 19 per cent on a year-over-year basis, and an EBITDA margin at 13.1 per cent, better by 3.1 points, over the same quarter last year and 2.9 points better than the previous quarter.

Q1 FY15 profit after tax stood at Rs 83.0 crore, as compared to Rs 49.6 crore in Q1 of fiscal 2013 and Rs 35.6 crore in Q4 of fiscal 2013-14, a growth of 67 per cent over last year.

Commenting on the company’s performance, Arvind Uppal, Chairman and Managing Director, Whirlpool of India and President, South Asia and Asia Pacific, Whirlpool Corporation said, “We have delivered a very strong operating performance, which, combined with an improvement in consumer demand, has resulted in significant increase in our operating profits. We remain optimistic about our performance in the future.”

The company is on track with its plans to introduce over 200 new models in 2014 and has already put into market a new range of air conditioners, refrigerators and washing machines. The focus on enlarging its category footprint by aggressively expanding its high-end built-in-range of kitchen appliances, including refrigerators, ovens, dishwashers and coffee makers, and its water purifier business continued. 


Arati Singh, Channel Head, NDTV Good Times, opens up on how she loves to go on adventurous trips on a typical weekend.

In week 9 of BARC ratings, the channel led the lifestyle space with 1206 million impressions followed by TLC, FYI TV18, Food Food and Fox Life

During his brief visit to India, Ronen Mense, Vice- President- Asia, AppsFlyer, spoke to exchange4media about app marketing and the new trends one can witness in mobile marketing.

Neha Kulwal, CEO, Admitad, talks about the future of affiliate marketing and the company's growth over the years

Recap brings you a round up of the important stories that made headlines this week.

Powered by advertising technology expert Yospace, Akamai’s Dynamic Ad Insertion is designed to help content providers offer greater monetization opportunities through online advertising, while maintai...

The second season of the show takes viewers on a profound journey to the homes of their favorite celebrities such as cricket icon Saurav Ganguly and Bollywood actors Sushant Singh Rajput, Radhika Apt...