Whirlpool of India reported a 11.4% rise in standalone revenue for the first quarter of FY27, reaching ₹2,582 crore. This growth was primarily driven by sustained industry and market share gains, strong performance in Aircon and front-load washers, and strategic price increases. However, EBITDA and PBT saw declines of 38.5% and 33.9% respectively, impacted by war premiums and regulatory changes. Consolidated revenue increased by 12.1% to ₹2,727 crore.
Whirlpool of India Announces Q1 FY27 Financial Highlights
Whirlpool of India has disclosed its financial results for the first quarter of the fiscal year 2026-27, highlighting robust topline growth coupled with margin challenges. The standalone revenue from operations saw a substantial increase of 11.4% year-on-year, reaching ₹2,582 crore.
Key Drivers of Revenue Growth
This topline expansion was attributed to several strategic factors:
- Sustained industry growth and increased market share across key segments.
- Strong performance in the Aircon and front-load washer categories, indicating successful product strategies and market acceptance.
- Effective implementation of up-pricing strategies across various product categories, contributing to revenue enhancement.
EBITDA and PBT Performance
Despite the positive revenue trend, the company experienced a significant dip in profitability. Standalone EBITDA movements show a decrease of 38.5%, bringing the figure to ₹120 crore (4.6% of revenue). Similarly, Profit Before Tax (PBT) declined by 33.9%, also standing at ₹120 crore (4.6% of revenue). These declines were attributed to external factors, including war premiums and regulatory upcharges related to Aircon energy upgrades.
Consolidated Financials
On a consolidated basis, which includes Elica, Whirlpool of India reported a revenue increase of 12.1% to ₹2,727 crore. The consolidated EBITDA and PBT also saw declines of 34.1% and 29.4%, respectively. Factors impacting consolidated margins include P4G programs aimed at cost efficiencies, war-led premiums, and regulatory upcharges on e-waste and Ref/Aircon energy upgrades. Elica, however, continued to deliver double-digit margins.
Product and Strategic Updates
The presentation also detailed key business and product highlights, including market leadership in Direct Cool Refrigerators and a triple-digit increase in front-load washer market share. Strategic imperatives focused on brand inspiration, product leadership, resilient supply chains, and operational excellence. New product launches and range expansions across categories like refrigerators, washing machines, and kitchen appliances were also showcased, reinforcing the company’s commitment to premiumisation and innovation.
Source: BSE
