Whirlpool of India Q2 FY27 results: Net profit drops 39% YoY; cost upcharges impact margins

The household appliances maker in a statement said that profits for Q2 witnessed headwinds from commodity inflation fueled by geopolitical instability, an increase in crude oil prices and currency depreciation.

Its revenue from operations, however, increased 14% year-on-year (YoY) for the quarter at ₹1,873 crore as compared to ₹1,647 crore in Q2 FY26. This was driven by industry volume growth, strategic price actions and continued premiumisation of our product portfolio.

On the operation level, the Gurugram-headquartered firm’s earnings before interest, taxes, depreciation, and amortisation (EBITDA) for the quarter were at ₹40 crore, marking a 31% annual decline from ₹58 crore.

The EBITDA margin for Q2 FY27 also contracted to 2.13% from 3.5% YoY. The company margins were impacted following cost up charges stemming from new energy regulations in the refrigerator & air conditioner categories and investments in the Luxuriem launch.

“These cost pressures were partially mitigated through strategic price increases and robust internal cost-productivity initiatives, primarily the company’s P4G program, which continues to deliver cost efficiencies across all lines of the P&L,” said Whirlpool of India in a statement.

To further safeguard margins against ongoing inflationary pressures, the firm implemented an additional price increase of nearly 5%, effective November 1, 2026.

Further, Elica India, the company’s subsidiary, sustained its robust growth trajectory, delivering a 12% increase in revenue and a 22% increase in PBT for the second quarter of FY27, continuing to add significant value to the consolidated entity.

Whirlpool of India share price trends

On Monday, Whirlpool of India shares closed at ₹837.78 apiece on the National Stock Exchange, advancing 0.3%.

From the beginning of the year, Whirlpool of India shares have declined more than 6%. Over a month’s time, the stock has advanced 2%, while for a six-month period, it has fallen 9%.

Shares of the firm had hit a 52-week high of ₹1,350.70 on November 10, 2025, and a 52-week low of ₹706 on September 18, 2026.

According to NSE data, as of November 9, 2026, Whirlpool of India has a total market capitalisation of ₹10,628.05 crore.