Whirlpool India Q1 Results: Stock falls 5% after operational miss, margins narrow

Shares of Whirlpool of India fell nearly 5% on Wednesday, August 5, after the company reported a weak operating performance for the June quarter. Profit dropped 29.4% to ₹103 crore as margins narrowed to 5%. Higher raw material costs pushed expenses up, though revenue grew 12% to ₹2,727 crore during this period.