Home appliance maker Whirlpool of India reported a 51% jump in third-quarter profit, on strong demand for its products during the festive season.

Whirlpool of India Ltd reported a 48.78% rise in net profit to Rs 44.53 crore for Q3 2024, attributed to strategic pricing and effective execution. Revenue increased 11% to Rs 1,704.85 crore. Despite ...

Home appliances maker Whirlpool of India said on Thursday its parent Whirlpool Corp intends to reduce its stake in the ...

sending Whirlpool of India's shares plunging an exchange-allowed maximum of 20% to a near ten-month low on Thursday. The U.S.-listed home appliance maker, which currently has a 51% stake in the ...

The company also said it intends to reduce its stake in Whirlpool of India to ~20% in 2025 through a sale.

(Reuters) -Whirlpool Corp said it would more than halve its stake in its Indian unit to about 20%, sending Whirlpool of India's shares plunging an exchange-allowed maximum of 20% to a near ten-month ...