Whirlpool of India Reports Q2 Results, Revenue Down 3.8%

Whirlpool of India announced its Q2 results with revenue from operations at ₹1,647 Cr, a decrease of 3.8% year-over-year. Consolidated PBT decreased by 21.6% to ₹57.5 Cr and PAT fell by 21.9% to ₹42 Cr. For the six months ended September 30, revenue was ₹4,080 Cr, a decrease of 3.1% year-over-year. Whirlpool is focusing on premiumization and cost productivity amidst a challenging economic backdrop.

Q2 Financial Performance

Whirlpool of India Limited announced its financial results for the second quarter of FY 2025-26. Key highlights include:

  • Consolidated Revenue from Operations: ₹1,647 Cr, down by 3.8% vs LY
  • Consolidated PBT: ₹57.5 Cr, down by 21.6% vs LY
  • Consolidated PAT: ₹42 Cr, down by 21.9% vs LY

Six-Month Performance

The company also reported results for the six months ended September 30, 2025:

  • Consolidated Revenue from Operations: ₹4,080 Cr, down by 3.1% vs LY
  • Consolidated PBT: ₹254 Cr, down by 5.7% vs LY
  • Consolidated PAT: ₹188 Cr, down by 5.5% vs LY

Operational Highlights and Outlook

The company noted that the marginal revenue decrease in Q2 (July-September) was due to a decline in refrigerator industry growth, compounded by competitive pricing pressures. Whirlpool is focusing on premiumization and cost productivity to navigate macroeconomic challenges. Gross margin improved due to cost productivity actions, while profitability was impacted by lower revenue and increased E-waste provisions. The company’s subsidiary, Elica PB India, continues to deliver healthy PBT margins.

The P4G (productivity for growth) program led to improvements in material costs for the six-month period, which were offset by an additional price upcharge provision for E-Waste and lower volume impact. The press release was dated November 4, 2025.

Source: BSE

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