Whirlpool of India Q2 Profit Falls About 40%, Revenue Up 14%
Whirlpool of India said commodity inflation weighed on margins in the September 2026 quarter.
Key Takeaways
- Consolidated profit was about Rs 25 crore, down about 40% from a year earlier.
- Consolidated revenue from operations rose about 14% to about Rs 1,873 crore.
- EBITDA was about Rs 40 crore, a margin of about 2.1%.
- The company said an additional price increase of about 5% took effect on 1 November 2026.
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Whirlpool of India reported a consolidated profit of about Rs 25 crore for the July to September 2026 quarter, down about 40% from a year earlier, even as its revenue grew about 14%. The company announced the Q2 FY27 results on 9 November 2026.
Consolidated revenue from operations rose to about Rs 1,873 crore from about Rs 1,647 crore in the same quarter last year. Whirlpool of India said higher costs weighed on its margins, and it said it added a further price increase of about 5% from 1 November 2026.
Whirlpool of India Q2 FY27 at a glance
| Detail | Whirlpool of India |
|---|---|
| Quarter | July to September 2026 (Q2 FY27) |
| Results announced | 9 November 2026 |
| Consolidated revenue from operations | About Rs 1,873 crore, up about 14% |
| Consolidated EBITDA | About Rs 40 crore |
| EBITDA margin | About 2.1%, down about 140 basis points |
| Profit before tax, before exceptional items | About Rs 34 crore |
| Consolidated profit for the quarter | About Rs 25 crore, down about 40% |
| Price increase from 1 November 2026 | About 5% |
How revenue grew while profit fell for Whirlpool of India
Whirlpool of India makes home appliances, including refrigerators. In the quarter, revenue grew from about Rs 1,647 crore a year earlier to about Rs 1,873 crore, a rise of about 14%. Profit moved the other way, falling about 40% to about Rs 25 crore.
The company said profit faced headwinds from commodity inflation, which it linked to geopolitical instability, higher crude oil prices and currency depreciation. EBITDA stood at about Rs 40 crore with a margin of about 2.1%, which is about 140 basis points lower than a year earlier.
Elica India, a subsidiary of Whirlpool of India, reported a 12% rise in revenue and a 22% rise in profit before tax for the quarter.
What Whirlpool of India said about the new energy rules and the Luxuriem launch
Margins were also affected by cost upcharges from new energy regulations in the refrigerator and air conditioner categories and by investments in the Luxuriem launch.
What Whirlpool of India said about its price increase
Whirlpool of India said an additional price increase of about 5% took effect on 1 November 2026.
Where Whirlpool of India stands after the September quarter
Whirlpool of India ended the September 2026 quarter with consolidated revenue of about Rs 1,873 crore and a consolidated profit of about Rs 25 crore. It launched its Luxuriem refrigerator range during the quarter and put through an additional price increase of about 5% on 1 November 2026.
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