ResultsBusiness Standard
Whirlpool gains 3% despite 40% PAT sink
Negative-53Company event
GreyOak summary
Whirlpool of India shares rose 3% intraday despite a 40% year-on-year drop in Q2 net profit to ₹25.08 crore. The decline was driven by commodity inflation, higher crude prices, and currency depreciation. ICICI Securities maintained a 'Reduce' rating, citing persistent cost pressures that limit near-term earnings recovery.
What it affects
- Whirlpool of IndiaWHIRLPOOLNegative -53
Q2 PAT sank 40% due to cost pressures.Rolling sentiment Negative -49
Source
Read the original at Business StandardMore Whirlpool of India news
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