Whirlpool of India Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, alongside significant corporate developments approved by the Board of Directors on February 6, 2026. The company reported consolidated revenue growth of 4.0% year-on-year despite facing competitive and regulatory headwinds.

Financial Performance Overview

The company's Q3FY26 performance showed mixed results with revenue growth offset by profitability pressures from exceptional items. Consolidated revenue from operations reached Rs 1,774 Cr, demonstrating resilience in a challenging market environment.

The revenue growth was primarily driven by market share gains in washers and growth in the air conditioning category, while the refrigerator business remained subdued due to soft industry conditions and competitive pricing pressures.

Operational Highlights and Management Commentary

Managing Director Narasimhan Eswar highlighted Q3 as a historic period for the company, emphasizing the long-term brand licensing agreement secured with Whirlpool Corporation in October 2025. The company maintained volume market shares in total refrigerator and washer multi-brand outlets market, showing improvement of 70 basis points versus Q2.

Board Appointments and Corporate Governance

The Board approved the appointment of Mr. Anil Berera as an Independent Director, effective from March 1, 2026, to November 30, 2029, subject to shareholders' approval.

Strategic Subsidiary Acquisition

The Board approved the acquisition of an additional 3.18% stake in Elica PB Whirlpool Kitchen Appliances Private Limited, increasing the company's ownership to 100%. The subsidiary continues to deliver healthy profit margins.

Exceptional Items and Regulatory Impact

The financial results were significantly impacted by exceptional items totaling Rs 39 Cr related to one-time wage code provisions under new Labour Codes implemented by the Ministry of Labour & Employment, effective November 21, 2025. This exceptional loss affected both standalone and consolidated financials, leading to a 44.5% decrease in reported profit before tax despite underlying business growth.

Whirlpool of India Ltd. has executed a significant block trade on the National Stock Exchange (NSE), marking a notable institutional transaction in the home appliances sector. The large-volume trade demonstrates continued institutional interest in the company's shares.

Transaction Details

The block trade involved substantial volume and value, reflecting institutional participation in the stock. The execution parameters highlight the scale of the transaction.

Block Trade Mechanism

Block trades are executed outside regular market hours to facilitate large-volume transactions without impacting market prices. These transactions typically involve institutional investors, mutual funds, or other large stakeholders looking to buy or sell significant quantities of shares efficiently.

The execution price of Rs. 806.05 per share represents the agreed-upon rate between the participating parties for this institutional transaction. Such trades provide liquidity for large positions while maintaining market stability.

Market Implications

The completion of this Rs. 23.64 crore transaction indicates active institutional participation in Whirlpool of India's stock. Block trades often signal confidence from institutional investors and provide insights into large-scale investment decisions in the home appliances sector.