Whirlpool India Q3 Profit Soars 57%! Latest Business News Updates

Whirlpool India’s Q3 Results: A Strong Showing

Whirlpool of India Ltd. has announced its financial results for the third quarter (October-December) of fiscal year 2025 (Q3FY25), and the [[news]] is positive. The company showed significant growth, boosting investor confidence. Let’s dive into the details.

Impressive Revenue and Profit Growth

The home appliance maker saw an 11% jump in revenue, reaching ₹1,705 crore compared to ₹1,536 crore in the same period last year. This is excellent [[business]] news, indicating strong market demand for Whirlpool’s products. Even more impressive is the 57.1% surge in net profit, reaching ₹44 crore from ₹28 crore in Q3FY24. This substantial increase showcases the company’s improved efficiency and profitability.

Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA)

Whirlpool’s EBITDA also saw healthy growth, rising by 10.3% to ₹69.2 crore from ₹62.7 crore year-on-year. While the EBITDA margin remained flat at 4.1%, the increase in absolute EBITDA value is a positive sign of the [[company]]’s financial health.

Market Reaction and Analyst Sentiment

Before the results were released, Whirlpool of India’s shares closed 2.67% lower at ₹1,149.95 on the National Stock Exchange (NSE). However, the [[market]] seems to be reacting favorably to the strong financial performance announced. Bloomberg data shows that out of 13 analysts tracking the company, seven have a ‘buy’ rating, five recommend ‘hold’, and one suggests ‘sell’. The average 12-month price target suggests a potential upside of 77.6%, indicating significant [[market]] optimism.

Whirlpool’s Future Plans

Further [[business]] updates indicate that Whirlpool is planning to reduce its stake in its Indian unit to 20% this year and is aiming to raise $600 million. This strategic move might unlock further growth opportunities for the company.

Overall Analysis: Positive Outlook

The latest financial results paint a positive picture for Whirlpool of India. The strong revenue and profit growth, coupled with positive analyst sentiment, point towards a healthy and promising future. Despite a recent dip in share price, the overall outlook remains positive for this significant player in the Indian home appliance market. The company’s strategic moves further strengthen its position for future growth and market leadership.

Conclusion: A Strong Quarter for Whirlpool

Whirlpool of India’s Q3FY25 results are a clear indication of its robust performance and market standing. The company’s financial health is good, showcasing strong growth and profitability. This is important [[latest news]] for investors and stakeholders alike.

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