WHIRLPOOL OF INDIA LTD. Q4 FY26 Results

Summary

Whirlpool of India reported consolidated revenue from operations of ₹2,181 crore for Q4 2025-26, marking a 9% year-over-year increase, and ₹8,034 crore for the full year, up 1.4%. Despite the revenue growth, profitability was significantly impacted by regulatory headwinds, including incremental E-waste provisions and energy transition costs, combined with war-led commodity inflation. This led to a 29% decline in Q4 PBT before exceptional items to ₹110 crore and a 12% decline in full-year PBT to ₹426 crore. The company, however, demonstrated a progressive recovery in the second half of FY26 with 6.6% revenue growth, fueled by market share gains in key segments and product premiumisation, exiting the year on a strong note.

Key Highlights

1. 1

   Consolidated revenue from operations for Q4 2025-26 increased by 9% year-over-year to ₹2,181 crore.

2. 2

   For the full year 2025-26, consolidated revenue from operations reached ₹8,034 crore, a 1.4% increase year-over-year.

3. 3

   Consolidated Profit Before Tax (PBT) before exceptional items for Q4 2025-26 was ₹110 crore, experiencing a 29% year-over-year decrease.

4. 4

   Full-year 2025-26 Consolidated PBT before exceptional items declined by 12% to ₹426 crore, though it was up 1% year-over-year before the impact of new E-waste regulations.

5. 5

   Consolidated EBITDA for Q4 2025-26 stood at ₹121 crore, down 34% from the prior year, while full-year EBITDA was ₹481 crore, a 12.6% decline.

6. 6

   Whirlpool of India achieved a progressive recovery in the second half of FY26, delivering 6.6% revenue growth, driven by market share gains in washers and air-conditioning, and product premiumisation.

7. 7

   The company's subsidiary, Elica PB India, demonstrated strong performance with 30% revenue growth and 50% PBT growth in Q4, and 12% revenue growth and 15% PBT growth for FY 2025-26.