Revenue for the quarter fell 3.8% year-on-year to ₹1,647 crore from ₹1,713 crore in the corresponding quarter of the previous year.
Also Read: Stock Crash: Whirlpool India-parent shares tank 14% after cutting profit outlook for the year
Earnings before interest, tax, depreciation, and amortisation (EBITDA) dropped 33.8% year-on-year to ₹57.6 crore against ₹87 crore a year ago. The company’s EBITDA margin declined to 3.5% from 5% in the same quarter last year.
Shares of Whirlpool of India Ltd ended at ₹1,375.00, down by ₹1.40, or 0.10%, on the BSE.
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