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Whirlpool India Profit Plummets, But Revenue Grows
20 May
Summary
- Net profit decreased by 32.7% year-on-year for the fourth quarter.
- Revenue from operations increased by 8.8% year-on-year.
- Aditya Jain appointed new Executive Director and CFO.
Whirlpool of India Limited announced a 32.7% drop in net profit for the fourth quarter of FY26, amounting to ₹80.2 crore compared to ₹119.2 crore in the same period last year. The company's revenue from operations, however, showed positive growth, rising by 8.8% year-on-year to ₹2,180.8 crore.
EBITDA saw a decline of 33.8% to ₹121.3 crore, and the EBITDA margin contracted to 5.6% from 9.1%. The Board of Directors recommended a final dividend of ₹5 per equity share for FY25-26.
In leadership changes, Anuj Lall resigned as Executive Director, effective July 20, 2026. Aditya Jain has been appointed as the new Executive Director and Chief Financial Officer for a five-year term, starting July 21, 2026, subject to necessary approvals.
