Whirlpool India Q1 seen up 22%, revenue may grow 18%

During the quarter, EBITDA is seen up 18 percent at Rs 176 crore versus Rs 150 crore while EBITDA margin may come in at 14.1 percent versus 13.6 percent year-on-year.

August 29, 2016 / 16:35 IST

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Whirlpool India is expected to post net profit at Rs 119 crore in April-June quarter up 22 percent from Rs 98 crore in corresponding quarter last fiscal. According to CNBC-TV18 poll, its revenue may grow 18 percent at Rs 1252 crore in Q1 against Rs 1100 crore in year-ago period.

During the quarter, EBITDA is seen up 18 percent at Rs 176 crore versus Rs 150 crore while EBITDA margin may come in at 14.1 percent versus 13.6 percent year-on-year.

Analysts expect volumes to show steady growth. Lower raw material expense and sales mix are likely to drive margin.

first published: Aug 29, 2016 04:35 pm

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