Whirlpool of india delivers high single digit revenue growth in q4

KEY HIGHLIGHTS OF Q4 2025-26

Consolidated Revenue from operations: Rs 2181 Cr (9% increase YoY)
Consolidated PBT before exceptional item: Rs. 110 Cr (29% decrease YoY),

KEY HIGHLIGHTS OF 12 MONTHS ENDED 31st Mar 2025-26

Consolidated Revenue from operations: Rs. 8034 Cr (1.4% increase YoY)
Consolidated PBT before exceptional item: Rs. 426 Cr (12% decrease YoY)

For the quarter ended 31st March 2026, Consolidated Revenue from Operations was at Rs. 2181 Cr, up by 9% vs LY. Profitability in Q4 2025-26 is impacted by regulatory headwinds including incremental E-waste provisions & energy transition in Air conditioner & refrigerator exacerbated by war-led commodity inflation. Consolidated EBITDA was at Rs. 121 Cr, lower by 34% vs LY, Consolidated PBT was at Rs. 110 Cr and Consolidated PAT at Rs. 81 Cr.

For 12 Months ended 31st Mar 2026, Consolidated Revenue from Operations was at Rs. 8,034 Cr, up by 1.4% vs LY. The first half of FY26 presented significant headwinds i.e. weak summer season, early on-set of monsoon, extraordinary competitive pricing leading to decline in our revenue by 3% in H1. However, we had progressive recovery in the second half of the year. In H2 (Oct-Mar), we delivered revenue growth of 6.6%. This growth was broad-based, driven by market share gains in the washer segment & in our air-conditioning business and the continued premiumisation of our product portfolio.

We exited the year on a strong note as we achieved market leadership in direct cool refrigerator for three months in a row and also secured the no. 2 position in top load in Q4 ‘2025-26 (Multi brand outlet volume market share).

Our consolidated material margin during the FY 2025-26 declined by 50 bps vs year ago. This decline was mainly because of the cost headwinds due to Refrigerator and Air conditioner energy transition costs not yet offset by increased pricing, adverse impact of air conditioner mix and war led commodity inflation impact. These headwinds were offset to a large extent by our strong cost productivity actions (P4G) which continue to deliver significant cost efficiencies for the business minimizing the material margin drop.

For FY 2025-26, Consolidated EBITDA was at Rs. 481 Cr, lower by 12.6% vs LY . Consolidated PBT before exceptional items was at Rs. 426 Cr, lower by 12% vs LY (PBT up by +1% vs LY before the impact of new E-waste regulations) and Consolidated PAT was at Rs. 295 Cr after accounting for full impact of new wage code regulations.

The company’s subsidiary, Elica PB India, has continued its strong performance, with +30% revenue growth and +50% PBT growth in Q4 and +12% revenue growth and 15% PBT growth in FY 2025-26 .

About Whirlpool of India Limited