Whirlpool India Q1 Profit Falls 29.4% Despite 12% Revenue Growth

Whirlpool is a company that makes home appliances like washing machines and refrigerators.

This quarter, the company made less money than it did last year.

Even though it sold more products, its profit still went down by a lot.

That happened because the materials needed to make the appliances cost more than before.

Paying workers and running the business also became more expensive.

So sales went up by 12 percent, but costs went up even faster.

The company's profit fell by almost a third compared with the same time last year.

When people heard this news, the company's stock price dropped a little.

Making more sales is good, but what matters in the end is how much money is left after paying all the bills.