Whirlpool has reported a fall of 20.6% (YoY) in profits for the quarter ended June 2011. During the period, net profit of the company declined to Rs 51 crore against Rs 64.2 crore in corresponding quarter last fiscal.
Net sales too went down 8% to Rs 790 crore in April-June quarter of 2011 versus Rs 857 crore in the year ago period.
Source: www.moneycontrol.com
Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
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