Whirlpool plans to pare stake by over half in Indian armUS-based Whirlpool Corp announced a reduction of its stake in Whirlpool of India from 51% to around 20% by one or more market sales, genera...
31 Jan, 2025, 12.09 AM IST
Whirlpool Corporation plans to reduce holding in Indian arm to 20% by mid to late 2025Whirlpool Corporation plans to reduce its stake in Whirlpool of India from 51% to around 20% by mid-to-late 2025 through market sales. The ...
30 Jan, 2025, 04.52 PM IST
Whirlpool India shares plunge 20%, hit lower circuit as parent firm plans to offload 20% stakeWhirlpool India share price plunged 20% after its parent company, Whirlpool Corporation, announced plans to reduce its stake to 20% by mid-...
30 Jan, 2025, 09.55 AM IST
Whirlpool India Q2 Results: Net profit rises 40% to Rs 53 crore on higher volumeConsumer durable maker Whirlpool of India Ltd on Friday reported a 40.13 per cent rise in its consolidated net profit to Rs 53.53 crore in ...
08 Nov, 2024, 08.24 PM IST
Not leaving India, just arbitrage: Whirlpool Corporation CEO on 24% stake sale"In India we took our shareholding down to 51%. We believe in India for the long term, but if we have a business which is trading at 50 tim...
27 Feb, 2024, 12.59 PM IST
Whirlpool Corporation sells 24% stake in Indian unit for $468 million via open marketFollowing the sale, the parent firm’s holding has come down to 51% from 75%. The American consumer durables maker expects to use the procee...
20 Feb, 2024, 05.49 PM IST
Whirlpool Corporation plans to sell up to 24 pc stake in Whirlpool of India next yearWhirlpool of India reported a 23.7% drop in second-quarter profit earlier this month, as the home appliances maker grappled with weak deman...
30 Nov, 2023, 06.58 PM IST
Whirlpool of India Q1 Results: Profit rises over 3-fold to Rs 84.6 crore; revenue jumps 55%Top-line growth this quarter was "on the back of significant price increases taken earlier", it said in an earnings statement.The company's...
08 Aug, 2022, 08.53 PM IST
Whirlpool of India Q3 up 23% to Rs 76.49 croreThe company had posted a net profit of Rs 62.23 crore in the October-December quarter a year ago.
07 Feb, 2020, 08.17 PM IST
Whirlpool India expects robust growth in 2016-17The company has started its new launches from Kerala, where it introduced new refrigerator and washing machine models for the first time in...
13 Jul, 2017, 07.04 PM IST
Whirlpool Q3 net profit dips 52 per cent to Rs 10 croreThe net income during the third quarter, however, went up marginally to Rs 618.70 crore from Rs 617.37 crore in the year-ago period, it add...
28 Jan, 2013, 05.14 PM IST
Whirlpool Q3 net profit dips 52 per cent to Rs 10 croreWhirlpool today reported 52.85 per cent fall in net profit for the quarter ended December 31, 2012, at Rs 10.07 crore.
28 Jan, 2013, 04.54 PM IST
Whirlpool eyes top slot in home appliances marketWhirlpool plans to invest more than Rs 750 crore in India over three years, with more than half of it earmarked for innovation, as it targe...
20 Sep, 2012, 07.00 AM IST
- We understand homes better: Jeff Fettig, chairman and CEO, Whirlpool Corp
Jeff Fettig, chairman and CEO, Whirlpool Corp, spoke about the company's strategy in emerging markets like India, Brazil and how innovation...
24 Jun, 2011, 04.49 PM IST
- India is the second-fastest growing market for us: Whirlpool
Although Whirlpool holds the largest market share in North America and Latin America, in India it trails South Korean company LG.
24 Jun, 2011, 03.26 AM IST
- India is an important global market: Whirlpool
India is on top of the list of countries for Whirlpool International to do business in and is a very important player in the global marketp...
15 Jun, 2011, 03.26 PM IST
- LKP Securities gives a 'Buy' rating on Whirlpool India
LKP Securities initiates coverage on Whirlpool of India with a `Buy’ rating and has a one-year price target of Rs 356.
12 Jul, 2010, 06.14 AM IST