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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 3.67 % in the past year, substantial increase in net sales/revenue by 12.92 %.
- Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 84.36 %. Marginal increase in other income during this quarter, up by 67.6%.
- Profit over the Year and quarter: Significant improvement in profitability for Whirlpool of India Ltd. Notable increase of 24.7 % in net profit Year to Year, Whirlpool of India Ltd’s profitability increased by 165.44 % in this quarter.
- EPS over the Year and quarter: EPS increased by 23.89 % Year to Year. EPS increased by 176.92 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 1672.65 Cr | Rs. 1535.65 Cr | Rs. 1733.988 Cr | + 12.92 % | + 3.67 % |
Expenses | Rs. 1567.03 Cr | Rs. 1472.94 Cr | Rs. 1590.25 Cr | + 7.96 % | + 1.48 % |
Operating Profit | Rs. 105.62 Cr | Rs. 62.71 Cr | Rs. 143.74 Cr | + 129.21 % | + 36.09 % |
OPM % | 6.31 % | 4.08 % | 8.29 % | + 4.21 % | + 1.98 % |
Other Income | Rs. 32.29 Cr | Rs. 35.52 Cr | Rs. 59.53 Cr | + 67.6 % | + 84.36 % |
Interest | Rs. 5.57 Cr | Rs. 8.53 Cr | Rs. 8.61 Cr | + 0.94 % | + 54.58 % |
Depreciation | Rs. 52.29 Cr | Rs. 47.45 Cr | Rs. 61.53 Cr | + 29.67 % | + 17.67 % |
Profit before tax | Rs. 80.05 Cr | Rs. 42.25 Cr | Rs. 133.13 Cr | + 215.1 % | + 66.31 % |
Tax % | 20.41 % | 29.16 % | 30.44 % | + 1.28 % | + 10.03 % |
Net Profit | Rs. 63.71 Cr | Rs. 29.93 Cr | Rs. 79.45 Cr | + 165.45 % | + 24.71 % |
EPS in Rs | Rs. 4.94 | Rs. 2.21 | Rs. 6.12 | + 176.92 % | + 23.89 % |
Today, we’re looking at Whirlpool of India Ltd’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 3.67 %. However, it did see a marginal increase of 12.92 % from the previous quarter. Expenses ticked up slightly by 7.96 % quarter-on-quarter, aligning with the annual rise of 1.48 %. Operating profit, while up 36.09 % compared to last year, faced a quarter-on-quarter increase of 129.21 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 1.98 %, but an expansion of 4.21 % sequentially. Other income rose by 67.6 % compared to the last quarter, despite an annual growth of 84.36 %. Interest expenses surged remarkably by 0.94 % from the previous quarter, yet the year-over-year increase remains at a moderate 54.58 %. Depreciation costs climbed by 29.67 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 17.67 %. Profit before tax grew annually by 66.31 % but saw an increase from the preceding quarter by 215.1 %.
Tax expenses as a percentage of profits increased slightly by 10.03 % compared to last year, with a more notable quarter-on-quarter increase of 1.28 %. Net profit rose by 24.71 % year-on-year but experienced a 165.45 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 23.89 % but a quarterly rise of 176.92 %. In summary, Whirlpool of India Ltd’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 1672.65 Cr | Rs. 1535.65 Cr | Rs. 1733.988 Cr | + 12.92 % | + 3.67 % |
Expenses | Rs. 1567.03 Cr | Rs. 1472.94 Cr | Rs. 1590.25 Cr | + 7.96 % | + 1.48 % |
Operating Profit | Rs. 105.62 Cr | Rs. 62.71 Cr | Rs. 143.74 Cr | + 129.21 % | + 36.09 % |
Net Profit | Rs. 63.71 Cr | Rs. 29.93 Cr | Rs. 79.45 Cr | + 165.45 % | + 24.71 % |
EPS in Rs | Rs. 4.94 | Rs. 2.21 | Rs. 6.12 | + 176.92 % | + 23.89 % |
In reviewing Whirlpool of India Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 3.67 % year-on-year growth, however, there was a minor increase of 12.92 % from the previous quarter. Expenses rose by 1.48 % compared to the previous year, with a 7.96 % increase quarter-on-quarter. Operating Profit surged by 36.09 % annually, and saw a 129.21 % increase from the last quarter.
Net Profit showed yearly increase of 24.71 %, and experienced a 165.45 % increase from the previous quarter. Earnings Per Share (EPS) rose by 23.89 % annually, however rose by 176.92 % compared to the last quarter. In essence, while Whirlpool of India Ltd exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.