Whirlpool of India Q1 Results: Revenue rises 11% YoY to ₹25,824 crore
Whirlpool of India's Q1FY27 results show robust revenue growth but significant profit erosion. Standalone revenue hit ₹25,824 crore, up 11.4% YoY, while net profit fell 33.9% to ₹891 crore. Consolidated figures mirrored this trend with revenue at ₹27,267 crore and profit at ₹1,028 crore.

*this image is generated using AI for illustrative purposes only.
Whirlpool of India reported a 11.4% year-on-year increase in standalone revenue for the quarter ended June 30, 2026, reaching ₹25,824 crore. Despite the top-line growth, standalone net profit after tax fell 33.9% to ₹891 crore from ₹1,350 crore in the corresponding period last year. The divergence between revenue expansion and profit contraction signals ongoing margin pressures within the consumer durables segment.
The company filed its unaudited financial results with the stock exchanges under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board of Directors approved the results at its meeting held on August 05, 2026. Managing Director Narasimhan Eswar signed off on the filings, which were subsequently published in newspapers and hosted on the company’s website.
Financial Performance Overview
Standalone total income from operations rose to ₹25,824 crore in Q1FY27, compared to ₹23,174 crore in Q1FY26. On a consolidated basis, revenue grew 12.1% to ₹27,267 crore from ₹24,323 crore in the prior year period. The sequential growth was also notable, with standalone revenue increasing 27.2% from ₹20,300 crore in Q4FY26.
| Particulars | Standalone Q1FY27 | Standalone Q1FY26 | Consolidated Q1FY27 | Consolidated Q1FY26 |
|---|---|---|---|---|
| Total Income (₹ in Lacs) | 2,58,242 | 2,31,747 | 2,72,675 | 2,43,232 |
| Net Profit After Tax (₹ in Lacs) | 8,916 | 13,507 | 10,288 | 14,608 |
| Earnings Per Share (₹) | 7.03 | 10.65 | 8.11 | 11.49 |
Consolidated net profit after tax declined 29.6% to ₹1,028 crore from ₹1,460 crore in Q1FY26. Basic earnings per share dropped to ₹7.03 from ₹10.65 on a standalone basis and to ₹8.11 from ₹11.49 on a consolidated basis.
What the Numbers Show
The primary driver of the profit decline appears to be operating leverage issues or input cost inflation, as revenue grew significantly faster than profitability. While the company expanded its sales base by over ₹2,600 crore sequentially, the net profit margin compressed considerably. In Q1FY26, the standalone net profit margin was approximately 5.8%, whereas in Q1FY27, it contracted to roughly 3.4%. This widening gap between top-line growth and bottom-line performance suggests that the revenue gains were not fully accretive to earnings, potentially due to higher raw material costs, increased marketing spends, or competitive pricing pressures in the home appliances market.
Historical Stock Returns for Whirlpool
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.08% | +0.92% | +1.55% | -4.86% | -38.71% | -61.99% |
Will Whirlpool of India implement price hikes in Q2FY27 to offset raw material inflation and restore compressed net profit margins?
How will the company address the widening gap between sequential revenue growth and profitability in the competitive home appliances market?
Are there specific product segments or geographic regions driving the top-line growth that are currently eroding overall margins?


































