Whirlpool of India Limited reported a 9% year-over-year revenue growth for the quarter ended March 31, 2026, reaching Rs 2,181 crore. Despite profitability pressures from energy transition costs and commodity inflation, the company saw a strong recovery in the second half of the year. For the full FY 2025-26, revenue stood at Rs 8,034 crore, supported by robust growth in the air-conditioning and washer segments.
Financial Performance Overview
For the quarter ended March 31, 2026, Whirlpool of India achieved a consolidated revenue from operations of Rs 2,181 crore, marking a 9% increase compared to the previous year. However, consolidated profit before tax (PBT) before exceptional items stood at Rs 110 crore, representing a 29% decline. This dip in profitability is attributed to regulatory headwinds, including energy transition costs for air conditioners and refrigerators, as well as rising commodity inflation.
Full-Year Growth and Recovery
The company concluded the 2025-26 fiscal year with a consolidated revenue of Rs 8,034 crore, reflecting a 1.4% year-over-year increase. While the first half of the year was challenged by a weak summer and monsoon onset, the second half showed significant resilience with 6.6% revenue growth between October and March. This positive trend was fueled by market share gains in the washer and air-conditioning categories, alongside a successful focus on product premiumization.
Operational Highlights and Subsidiary Performance
Whirlpool concluded the year with strong market positioning, achieving leadership in the direct cool refrigerator segment for three consecutive months and securing the second position in the top-load washing machine segment in Q4. Additionally, the company’s subsidiary, Elica PB India, showcased strong momentum, reporting 30% revenue growth and 50% PBT growth for the quarter. For the full fiscal year, the subsidiary maintained solid performance with 12% revenue growth and 15% PBT growth.
Source: BSE