Board Meeting Details
The Board of Directors of Whirlpool of India Limited met on November 9, 2026. The meeting commenced at 09:00 AM and concluded at 04:05 PM.
Approvals
The Board approved the Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter and half year ended September 30, 2026.
Financial Results - Standalone (INR in lacs)
Quarter Ended September 30, 2026 (Q2 FY27)
- Total Income: ₹176,223
- Revenue from operations: ₹171,124
- Other income: ₹5,099
- Total Expenses: ₹175,285
- Cost of raw material and components consumed: ₹118,795
- Purchase of traded goods: ₹11,673
- Changes in inventories: (₹11,975)
- Employee benefits expense: ₹22,000
- Finance costs: ₹837
- Depreciation and amortization: ₹4,781
- Other expenses: ₹29,174
- Profit before exceptional items and tax: ₹938
- Exceptional item: None
- Profit before tax: ₹938
- Tax expense: ₹286
- Current tax: ₹513
- Deferred tax credit: (₹227)
- Profit for the period: ₹652
- Other comprehensive income: (₹229)
- Total comprehensive income: ₹423
- Earnings per share (EPS): ₹0.51 (not annualized)
Half Year Ended September 30, 2026 (H1 FY27)
- Total Income: ₹440,700
- Profit for the period: ₹9,568
- EPS: ₹7.54 (not annualized)
Comparative Figures - Quarter Ended September 30, 2025 (Q2 FY26)
- Total Income: ₹154,734
- Profit for the period: ₹2,709
- Exceptional item: ₹991 (insurance claim)
- EPS: ₹2.14 (not annualized)
Financial Results - Consolidated (INR in lacs)
Quarter Ended September 30, 2026 (Q2 FY27)
- Total Income: ₹193,096
- Revenue from operations: ₹187,312
- Other income: ₹5,784
- Total Expenses: ₹189,666
- Profit before exceptional items and tax: ₹3,430
- Exceptional item: None
- Profit before tax: ₹3,430
- Tax expense: ₹922
- Profit for the period: ₹2,508
- Attributable to equity holders of parent: ₹2,508
- Attributable to non-controlling interest: ₹0
- Other comprehensive income: (₹217)
- Total comprehensive income: ₹2,291
- EPS: ₹1.98 (not annualized)
Half Year Ended September 30, 2026 (H1 FY27)
- Total Income: ₹472,660
- Profit for the period: ₹12,796
- EPS: ₹10.09 (not annualized)
Comparative Figures - Quarter Ended September 30, 2025 (Q2 FY26)
- Total Income: ₹169,710
- Profit for the period: ₹4,180
- Attributable to equity holders of parent: ₹4,133
- Attributable to non-controlling interest: ₹47
- Exceptional item: ₹991 (insurance claim)
- EPS: ₹3.26 (not annualized)
Capital Structure
- Paid-up equity share capital: ₹12,687 lacs (Face value of ₹10/- each)
- Other equity (Standalone): ₹356,818 lacs (as of September 30, 2026)
- Other equity (Consolidated): ₹409,706 lacs (as of September 30, 2026)
Auditor Review
The financial results were reviewed by M/s. S.R. Batliboi & Co. LLP (Firm No. 301003E/E300005), the Statutory Auditors of the Company. Their review report states that nothing has come to their attention that causes them to believe that the accompanying Statement contains any material misstatement.
Entities Included in Consolidated Results
The consolidated financial results comprise the Company and its wholly owned subsidiary:
- Whirlpool of India Kitchen Appliances Private Limited (formerly known as Elica PB Whirlpool Kitchen Appliances Private Limited)
Segment Information
The Company's operations predominantly comprise only one reportable segment: Home Appliances.
Exceptional Items
1. ₹991 lacs in both standalone and consolidated results for the year ended March 31, 2026 represents the final tranche of insurance claim received (first tranche of ₹700 lacs received in March 2025 quarter) against the fire loss that occurred at a warehouse in Delhi on March 25, 2024.
2. The Ministry of Labour & Employment had announced implementation of four Labour Codes effective November 21, 2025. The Group accrued an incremental impact of ₹3,884 lacs (₹3,341 lacs in standalone results) disclosed as an 'Exceptional Item' in the audited results for the year ended March 31, 2026.
Compliance
- The certificate from the Managing Director and CFO was obtained as per Regulation 33 of SEBI LODR Regulations.
- Extracts of the financial results will be published in Financial Express (English) and Loksatta (Marathi, Pune edition) by November 11, 2026.
- Full results will be available on NSE, BSE, and company websites.
Assets and Liabilities (Standalone - INR in lacs)
- Total assets: ₹664,866 (as of September 30, 2026)
- Current assets: ₹450,661
- Inventories: ₹136,416
- Trade receivables: ₹32,271
- Cash and cash equivalents: ₹20,440
- Non-current assets: ₹214,205
- Total equity: ₹369,505
- Total liabilities: ₹295,361
Cash Flow (Standalone - H1 FY27 - INR in lacs)
- Net cash from operating activities: ₹40,046
- Net cash used in investing activities: ₹(62,617)
- Net cash used in financing activities: ₹(10,824)
- Net decrease in cash: ₹(33,395)