Whirlpool Q2 FY27 Results: Revenue Grows 14% To ₹1,873 Crore; Company Announces 5% Price Hike From November

Whirlpool of India Limited reported a 14% year-on-year increase in consolidated revenue from operations to ₹1,873 crore in Q2 FY27. Factors supporting this rise include industry volume growth, strategic price actions and continued premiumisation of its product portfolio.

Consolidated earnings before interest, tax, depreciation and amortisation (EBITDA) stood at ₹40 crore, with the margin declining to 2.1%. Profit before tax (PBT) was ₹34 crore.

The Whirlpool share price closed at ₹837.70 on 9 November, up 0.3% on the National Stock Exchange (NSE).

Why Did Whirlpool's Q2 Margins Come Under Pressure?

Whirlpool said the pressure on profitability was due to higher commodity costs amid geopolitical instability, rising crude oil prices and currency depreciation. The company also faced additional costs arising from new energy regulations in the refrigerator and air conditioner categories.

Investments related to the launch of its premium Luxuriem refrigerator range added to the cost burden during the quarter. These factors affected both operating profitability and the margin on PBT, which stood at 1.8%, down 110 basis points year-on-year.

The company said strategic price increases and internal cost-productivity initiatives partially offset the pressure. Its P4G programme continued to contribute cost efficiencies across different lines of the profit and loss account.

What Price Increase Has Whirlpool Implemented?

Whirlpool implemented an additional price increase of approximately 5%, effective 1 November 2026.

This is in line with strategic pricing actions that helped revenue growth in the September quarter and also to help protect margins from higher input and operating costs.

However, the impact of these price changes on profitability will depend on multiple variables, such as cost movements, consumer demand and the company's ability to maintain sales volumes in the coming quarters.

How Did Elica India Perform In Q2 FY27?

Elica India, a subsidiary of Whirlpool of India, continued to report growth during the quarter. Its revenue increased 12% year-on-year, while PBT rose 22%.

The subsidiary's performance added to the consolidated business and was highlighted by Whirlpool management as a continuing contributor to its growth.

Source

NSE

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