Stating that growing trend in modular kitchen augured well for these stylish and glamorous appliances, Shantanu Das Gupta, vice-president, Corporate Affairs and Strategy, said that manufactured in Europe, this range was as international and contemporary as it can get.
The company had posted a net profit of Rs 35.55 crore during the same period in the previous fiscal. Net sales went up by 17.51 per cent to Rs 748.18 crore during the quarter under review, compared with Rs 636.68 crore in the fourth quarter of the last fiscal, the company said in a filing to the BSE.
Home appliances major Whirlpool of India is targeting growth of 15 percent and sales turnover of Rs 850 crore during the Diwali festival season this year.
Home appliances maker Whirlpool of India, which achieved a turnover of Rs 3,135 crore last year, is eyeing a growth of 10-15% this year.