Whirlpool of India Q1 net profit rises 61.9% to Rs 25.51 crore
Whirlpool of India's total expenses surged 30.09 percent to Rs 1,321.92 crore in Q1 FY22 compared to Rs 1,016.12 crore in the year-ago period.
Whirlpool of India's total expenses surged 30.09 percent to Rs 1,321.92 crore in Q1 FY22 compared to Rs 1,016.12 crore in the year-ago period.
"Despite challenging market conditions, the team has been able to deliver good results. We expect these headwinds to ease in the upcoming quarters as demand for personal mobility remains strong", MSSL Chairman Vivek Chaand Sehgal said.
Bank’s net interest income rose by 17.1 per cent to Rs 6,403 crore as against Rs 5,468 crore in the same period last year.
The stock declined 1.90 per cent to Rs 2,757.65 on the BSE. On the NSE, it fell 1.90 per cent to Rs 2,756.05.
Tata Power Company Limited stock gained nearly 9 per cent to hit day’s high of Rs 57.85, but at 1.25 pm it was trading at Rs 57.
Abott’s earnings before tax were at Rs 242.50 crore during the quarter under review against Rs 186.95 in the same quarter in FY 2019-20.
The announcement comes a day after the firm posted its highest ever quarterly net loss at Rs 2,844.3 crore for the first quarter of 2020-21.
The company reported a net profit of Rs 431 crore despite 50 per cent of its stores being fully shut, 29 per cent partially operated due to the lockdown.
Revenue from operations declined 91.9 per cent to Rs 766.7 crore in the quarter under review, compared to the same period a year ago.
The stock gained 5.77 per cent to Rs 702.40 on the BSE, but at 2.02 pm the share prices came close to per cent to Rs 681.45.
