Whirlpool of India reports a decline in Q1FY27 consolidated net profit while revenue increases year-on-year. Net profit falls about 29.4% to Rs 103 crore, down from roughly Rs 146 crore in the year-ago quarter, according to the company’s exchange filing and reports by multiple outlets. Revenue from operations rises about 12% to Rs 2,727 crore from Rs 2,432 crore, but higher costs squeeze profitability. Expenses increase faster than sales, with Free Press Journal citing total expenses of Rs 2,656.9 crore versus Rs 2,289.9 crore a year earlier. EBITDA declines to about Rs 140 crore from Rs 211 crore, and EBITDA margin narrows to around 5% from 8.7% in Q1FY26. Profit before tax also falls to Rs 138.8 crore from Rs 196.4 crore. Following the results, Whirlpool shares fall roughly 4–5% in early trading, with NDTV attributing the drop to the profit decline and also noting senior management changes. All sources describe the company’s continued focus on its home appliances business segment.
Whirlpool India Q1 profit falls 29% as costs rise, revenue grows 12%
Whirlpool of India reports a decline in Q1FY27 consolidated net profit while revenue increases year-on-year. Net profit falls about 29.4% to Rs 103 crore, down from roughly Rs 146 crore in the year-ag...
- Whirlpool of India’s Q1FY27 consolidated net profit declines by about 29–30% to Rs 103 crore.
- Revenue from operations rises about 12% year-on-year to Rs 2,727 crore.
- Higher costs push EBITDA down about 34% to around Rs 140 crore and narrow EBITDA margin to about 5%.
- Profit before tax falls to about Rs 138.8 crore from about Rs 196.4 crore in the prior-year quarter.
- Whirlpool shares drop roughly 4–5% after the results, with reports citing the profit decline and management changes.
Mumbai: Whirlpool of India reported a 29.4 percent fall in consolidated net profit for the June quarter of FY27 as higher costs hurt margins, even though the company recorded double-digit revenue growth.Net profit declined to Rs 103 crore in Q1 FY27 from Rs 146 crore in the same quarter of the previous financial year, according to the company’s stock exchange filing.Revenue RisesRevenue from operations increased 12 percent year-on-year to Rs 2,727 crore from Rs 2,432 crore. However, the rise in sales failed to support profit because expenses grew at a faster pace during the quarter.Earnings before interest, tax, depreciation and amortisation, or EBITDA, dropped 34 percent to Rs 140 crore from Rs 211 crore a year earlier.The EBITDA margin narrowed sharply to 5 percent from 8.7 percent in Q1 FY26. Profit before tax also fell to Rs 138.8 crore from Rs 196.4 crore in the corresponding quarter last year.Costs IncreaseTotal expenses rose to Rs 2,656.9 crore during the June quarter from Rs 2,289.9 crore a year ago. Higher spending on raw materials, employees and business operations placed pressure on earnings.Paytm's AI-Powered Fintech Growth Drives Record Q1 FY27 Results; EBITDA Hits All-Time High, Profit Surges 79%The cost of raw materials and components climbed to Rs 1,427 crore from Rs 1,187.3 crore. Employee benefit expenses increased to Rs 242.9 crore from Rs 221.1 crore.Other expenses rose to Rs 439.3 crore from Rs 380.7 crore. Depreciation and amortisation costs edged up to Rs 54.5 crore from Rs 53.6 crore, while finance costs stood at Rs 14.8 crore.Income DeclinesTotal comprehensive income was Rs 103.8 crore during the quarter, down from Rs 146.6 crore in the year-ago period.Whirlpool of India said it continues to operate under a single reportable business segment, Home Appliances. Its consolidated results also include the performance of its wholly owned subsidiary, Whirlpool of India Kitchen Appliances Private Limited.Steel Strips Wheels Shares Rise 4.62% To ₹262.02 After Strong Q1 Results, Profit Jumps 47% And Margins ImproveStock FallsFollowing the results, Whirlpool India shares fell nearly 5 percent in early trading. The stock later recovered part of its losses but ended 1.4 percent lower at Rs 809 on Wednesday. Investors reacted to the sharp fall in profit and weaker operating margins.
3 hours agoWhirlpool shares fell around 4% after the company reported a 29.5% year-on-year decline in Q1 net profit to Rs 103 crore.
5 hours agoWhirlpool of India reported a 29.5% decline in Q1FY27 consolidated net profit to Rs 103 crore despite a 12.1% rise in revenue to Rs 2,727 crore year-on-year.
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