Whirlpool India net up 25%

Consumer appliance maker Whirlpool of India reported an increase of 25.08 per cent in net profit to ₹73.45 crore in the quarter ended September 30, from ₹58.72 crore in the corresponding quarter previous fiscal. Total income from operation was up 23.5 per cent to ₹1159.7 crore. Sunil D’Souza, Managing Director, said: “ We executed well during the GST transition and saw strong volume momentum early in the quarter as trade restocked their inventories. This momentum continued for Whirlpool to the pre-Diwali season on continued distribution expansion, consumer-winning innovative product launches and focussed execution on the shop-floors.”