Whirlpool India Reports Strong PAT Growth Amid Concerns Over Non-Operating Income Reliance

Whirlpool of India has recently reported its financial results for the quarter ending December 2024, showcasing a mix of positive developments and challenges. The company has experienced a notable growth in Profit After Tax (PAT), which reached Rs 43.96 crore, reflecting a year-on-year increase of 57.1%. Similarly, Profit Before Tax (PBT), excluding other income, stood at Rs 8.68 crore, marking a year-on-year growth of 29.17%. These figures indicate a favorable near-term trend in profitability.
On the liquidity front, Whirlpool India reported its highest cash and cash equivalents in the last six half-yearly periods, totaling Rs 2,445.45 crore, suggesting an improvement in short-term liquidity. However, the company faces concerns regarding its reliance on non-operating income, which constituted 85.34% of its PBT. This heavy dependence on income from non-business activities raises questions about the sustainability of its business model.

In light of these developments, Whirlpool India has undergone an adjustment in its evaluation, reflecting the complexities of its financial landscape.

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