Whirlpool of India Q4 net profit down 18.96%

During the quarter under review,the company’s net sales increased by 6.69 per cent to Rs 593.51 crore from Rs 556.29 crore posted in the corresponding quarter previous fiscal.

For the year-ended March 31,2011,the firm’s net profit increased to Rs 166.04 crore from Rs 145.02 crore posted in the previous fiscal.

During the period,Whirlpool had a net sales of Rs 2611.93 crore,up 22.16 per cent from 2137.49 crore in the previous fiscal.

Shares of Whirlpool of India closed at Rs 252.25 on the Bombay Stock Exchange,down 8.54 per cent from the previous close.