Sunday 7 August 2011

Whirlpool Profit Falls 26% to . 51 crore

NEW DELHI Home appliances maker Whirlpool of India posted a 26% fall in its net profit to . 51 crore for the first quarter ended June 30, 2011. The company, which also reported a 7.8% decline in net sales during the quarter to . 790.5 crore from . 857 crore posted in the year-ago period, said it expects demand to pick up only by the first quarter of next fiscal.

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