Whirlpool of india delivers double digit revenue growth in q2

Q2 2026-27 KEY HIGHLIGHTS

Consolidated Revenue from operations: Rs 1873 Cr (14% increase YoY) Consolidated EBITDA: Rs 40 Cr, 2.1%, lower by 140 bps vs LY Consolidated PBT (before exceptional items): Rs. 34 Cr, 1.8%, lower by 110 bps vs LY

For the quarter concluding September 30, 2026, Whirlpool of India recorded strong top line momentum and delivered Consolidated Revenue from Operations of Rs 1,873 Cr, a 14% increase over the previous year. Revenue growth vs LY was driven by industry volume growth, strategic price actions & continued premiumisation of our product portfolio.

Further accelerating our premiumisation journey, we proudly launched “Luxuriem” during the quarter. This premium 4-door, 654-litre refrigerator range is meticulously designed for the discerning, modern Indian consumer seeking the perfect balance of sophisticated aesthetics, intelligent capability, and intuitive everyday usability.

Consolidated EBITDA and PBT stood at Rs 40 Cr and Rs 34 Cr respectively. Profits for Q2 2026-27 faced headwinds from commodity inflation fueled by geopolitical instability, increase in crude oil prices and currency depreciation. Additionally, margins were impacted by cost upcharges stemming from new energy regulations in the refrigerator & air conditioner categories and investments in Luxuriem launch.

These cost pressures were partially mitigated through strategic price increases and robust internal cost-productivity initiatives, primarily the company’s P4G program, which continues to deliver cost efficiencies across all lines of the P&L. To further safeguard margins against ongoing inflationary pressures, we implemented an additional price increase of ~5%, effective November 1, 2026.

Elica India, the company’s subsidiary, sustained its robust growth trajectory, delivering a 12% increase in revenue and a 22% increase in PBT for the second quarter of FY 26-27, continuing to add significant value to the consolidated entity.