Whirlpool's Q4FY20 - Angel Broking

Mr. Amarjeet Maurya, AVP - Mid Caps, Angel Broking Ltd.

"For 4QFY2020, Whirlpool of India (WIL) reported flat top-line growth at Rs. 1,354cr. Top-line was negatively impacted due to COVID-19 lockdown. On the operating front, the company reported contraction in margins by 253bps yoy to 10.1%. Operating margin was impacted mainly due to higher employee cost (up 86bp) and other expenditure (up 217bp). On the bottom-line front, WIL reported de-growth of ~12% yoy to Rs. 92cr due to lower sales, poor operating performance and higher interest cost."

Shares of WHIRLPOOL OF INDIA LTD. was last trading in BSE at Rs.2111.05 as compared to the previous close of Rs. 2069.95. The total number of shares traded during the day was 3630 in over 779 trades.

The stock hit an intraday high of Rs. 2134.95 and intraday low of 2073.65. The net turnover during the day was Rs. 7627113.

Source : Equity Bulls

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