Whirlpool of India share price corrected more than 3 percent after the company reported a 16 percent drop in revenue on February 1. The stock closed at INR 1,344.5 per share on the National Stock Exchange.<\/p>\n\n\n\n
The electronics and kitchen appliances maker has recorded a consolidated profit at INR 27 crore for the December FY23 quarter, down 39 percent from the year-ago period, impacted by negative operating performance as well as a lower topline. Standalone revenue from operations declined 18.3 percent on year to INR 1,172.4 crore for the quarter.<\/p>\n\n\n\n
On the operating front, standalone EBITDA (earnings before interest, tax, depreciation, and amortisation) plunged 74 percent year-on-year to INR 19.1 crore, with margin declining by 360 basis points to 1.6 percent compared to year-ago period on higher input cost. The raw material cost at INR 813.6 crore was 21 percent higher from the year-ago quarter.<\/p>\n","protected":false},"excerpt":{"rendered":"
Whirlpool of India share price corrected more than 3 percent after the company reported a 16 percent drop in revenue on February 1. The stock closed at INR 1,344.5 per share on the National Stock Exchange. The electronics and kitchen appliances maker has recorded a consolidated profit at INR 27 crore for the December FY23 […]<\/p>\n","protected":false},"author":1863,"featured_media":27118,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[392,8],"tags":[11376,11432],"class_list":["post-140920","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings","category-technology-stocks","tag-air-conditioner","tag-washing-machine"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":139745,"url":"https:\/\/alphastreet.com\/india\/whirlpool-shares-tank-3-after-its-q3fy23-net-profit-drops-by-39\/","url_meta":{"origin":140920,"position":0},"title":"Whirlpool shares tank 3% after its Q3FY23 net profit drops by 39%","author":"Chirag Gupta","date":"February 1, 2023","format":false,"excerpt":"Whirlpool of India share price corrected more than 3 percent after the company reported a 16 percent drop in revenue on February 1. The stock closed at INR 1,344.5 per share on the National Stock Exchange. The electronics and kitchen appliances maker has recorded a consolidated profit at INR 27\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/2eafb287-0fc1-4edc-a6b2-3ffc5b3fabd8.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/2eafb287-0fc1-4edc-a6b2-3ffc5b3fabd8.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/2eafb287-0fc1-4edc-a6b2-3ffc5b3fabd8.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/2eafb287-0fc1-4edc-a6b2-3ffc5b3fabd8.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/2eafb287-0fc1-4edc-a6b2-3ffc5b3fabd8.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/2eafb287-0fc1-4edc-a6b2-3ffc5b3fabd8.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":135067,"url":"https:\/\/alphastreet.com\/india\/rbl-banks-reports-a-whopping-7-times-profit-growth-in-q2fy23\/","url_meta":{"origin":140920,"position":1},"title":"RBL Banks reports a whopping 7 times profit growth in Q2FY23","author":"Chirag Gupta","date":"October 24, 2022","format":false,"excerpt":"RBL Bank, a Midcap private sector lender reported a standalone profit of INR 201.55 crore for the September quarter of FY23, growing 6.5 times from the year-ago period on a low base. The profit in Q2FY22 was hit by higher provisions for bad loans, while the growth was almost flat\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"trending stocks high volatility","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":138682,"url":"https:\/\/alphastreet.com\/india\/metro-brands-q3fy23-results-out-net-revenue-up-by-24\/","url_meta":{"origin":140920,"position":2},"title":"Metro Brands Q3FY23 results out: Net revenue up by 24%","author":"Chirag Gupta","date":"January 17, 2023","format":false,"excerpt":"The share price of Metro Brands declined half a percent to INR 843.3 on January 17 after contraction in operating profit margin for the quarter ended December 2022, but the highest ever profit, revenue and EBITDA capped the downside. 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The company has a great geographical presence across nations including India, the Middle East, Africa, and South Asia. 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Some of its exported products include plastic medical surgical\/disposable devices. Financial Results: The company reported a 44.9 percent increase in net profit which stood at INR 50.01 crore. 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These also have industrial usages like labels, tapes, release liners, etc. The company has 33 years of experience in the Plastic Films industry.\u00a0 Financial Results: In the third\u2026","rel":"","context":"In "Earnings"","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/11\/skyscrapers-7558938_1920-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/11\/skyscrapers-7558938_1920-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/11\/skyscrapers-7558938_1920-1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/11\/skyscrapers-7558938_1920-1.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/140920","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1863"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=140920"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/140920\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/27118"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=140920"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=140920"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=140920"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}