Whirlpool's PAT jumps ~61% yoy at Rs567.40 crore for FY22; stock marginally up

26 May 2022 , 02:56 PM

Whirlpool of India Limited announced its operating results for the fourth quarter and financial year ended March 31, 2022. FY22 Consolidated Total revenue from operations stood at Rs6,197 crore, up by 5.0% yoy against FY21.

Company reported a Consolidated EBITDA of Rs415.7 crore for FY22, lower by 19.9% yoy against the previous financial year.

Consolidated PAT was reported at Rs567.40 crore for FY22, up by 61.3% yoy against the previous financial year.

Consolidated Total revenue from operations for Q4FY22 was reported at Rs1,707 crore, down by 4.1% yoy against Q4FY21.

Q4FY22 Consolidated EBITDA stood at Rs147.6 crore, down by 22.2% yoy as compared to the previous corresponding quarter.

Consolidated PAT during the quarter under review stood at Rs84.5 crore, down by 35.1% yoy as compared to the same quarter last year. This was on account of soft industry demand and rising commodity costs. A significant part of cost inflation was mitigated by price increases and cost take-out action across all workstreams.

At around 3.00 PM, Whirlpool was trading at Rs1,500 per piece, up by Rs2.85 or 0.19% from its previous closing of Rs1,497.15 on the BSE. The scrip has touched an intraday high and low of Rs1,522.30 and Rs1,433 respectively.