The board of directors of the company have recommended a Final Dividend of Rs5 per equity share of the face value of Rs10 each (50%) for the financial year 2020‐21.
The stock ended at Rs2,272.95 down by Rs78.9 or 3.35% from its previous closing of Rs2,351.85 on the BSE.
Mr Arvind Uppal, Chairman of Whirlpool of India Limited said, "Whirlpool has delivered a very strong quarter across all financial levers. Underlying growth momentum in the home appliances industry continues to be very healthy. Despite the headwinds due to the re‐emergence of COVID and inflationary trends, we remain optimistic about the longer term trends for our business."
Mr Vishal Bhola, Managing Director Whirlpool of India Limited said, “It was a really strong end to the year with acceleration in topline growth and profitability. The performance came on the back of strong and broad based double digit volume growth. All categories and geographies showed continued momentum which helped end the year with the business growing ahead of markets. We continue to be optimistic about our short and medium term prospects.”