Whirlpool Q1 net profit surges by 39% to Rs 64.2 crore

Whirlpool Q1 net profit surges by 39% to Rs 64.2 croreLeading home appliances firm Whirlpool has declared its first quarter financial results for the fiscal year 2010. As per the report it has managed to register an impressive net profit rise of 39%.

The company has posted a net profit of Rs 64.20 crore for the quarter that ended in 30th June, 2010. This net profit figure has grown up by 39% in this quarter as compared to the same quarter in the last fiscal. This has been informed by Whirlpool in a filing at the Bombay Stock Exchange.

The total income of the company has touched Rs 879.48 crore during the April-June quarter of fiscal year 2010-11. It was Rs 624.28 crore for the same quarter in the preceding year. There has been a hike of 40.8% in the total income of the firm in this quarter this year against same period in last year.

Whirlpool of India is a subsidiary of Whirlpool Corporation and one of the leading home appliances company in the world. The annual sales of the company is over $19 billion and it has more than 60 manufacturing and technology research centers in all across the globe.