Whirlpool of India Full Year 2024 Earnings: Misses Expectations

Whirlpool of India (NSE:WHIRLPOOL) Full Year 2024 Results

Key Financial Results

• Revenue: ₹68.3b (up 2.4% from FY 2023).
• Net income: ₹2.17b (flat on FY 2023).
• Profit margin: 3.2% (down from 3.3% in FY 2023). The decrease in margin was driven by higher expenses.
• EPS: ₹17.11 (down from ₹17.26 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Whirlpool of India Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 1.9%. Earnings per share (EPS) also missed analyst estimates by 3.4%.

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Consumer Durables industry in India.

Performance of the Indian Consumer Durables industry.

The company's shares are up 1.7% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. See our latest analysis on Whirlpool of India's balance sheet health.

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