Whirlpool of India announced its Q3 results for FY 2025-26, reporting a 4.0% increase in revenue, reaching ₹1,774 Cr. Revenue growth was driven by market share gains in washers and air conditioners, though the refrigerator business remained muted. PBT before exceptional items increased by 21% to ₹72 Cr. However, a one-time wage code provision of ₹39 Cr impacted the reported PBT.
Financial Performance
Whirlpool of India reported a 4.0% increase in consolidated revenue from operations for Q3 FY 2025-26, reaching ₹1,774 Cr. The growth was primarily fueled by market share gains in the washers and air conditioning categories. Despite competitive pressures, the company demonstrated resilience in its core strategic areas.
Profitability & Key Drivers
Consolidated PBT before exceptional items saw a 21% increase, reaching ₹72 Cr. However, the reported PBT was impacted by a one-time wage code provision of ₹39 Cr, resulting in a reported PBT of ₹33 Cr.
Strategic Developments
In October 2025, Whirlpool secured its future through a long-term deal with Whirlpool Corporation, ensuring rights to the Whirlpool brand and access to global technology. A transitional services agreement (TSA) will provide systems stability to drive future growth. Despite market challenges in refrigerators and ACs, Whirlpool of India grew revenues by 4% and delivered +21% PBT before the one-time wage code adjustment. Standalone net working capital for Q3 remained strong at -3.6% of sales.
Source: BSE
