Whirlpool of India Q4 net profit climbs 50% to ₹119.47 crore, shares drop nearly 2%

Consumer durables maker Whirlpool of India on Tuesday reported a 50.4% jump in consolidated net profit at ₹119.47 crore in the fourth quarter ended March 2025 on the back of higher revenue and an exceptional item gain.

At 11:35 AM, shares of Whirlpool India are trading 1.78% lower at ₹1,272.50 apiece on the NSE.

The company had posted a consolidated net profit of ₹79.45 crore in the fourth quarter of preceding fiscal, Whirlpool of India said in a regulatory filing.

Consolidated revenue from operations in the latest fourth quarter stood at ₹2,004.67 crore as against ₹1,733.99 crore in the corresponding period a year ago, it added.

During the current financial year, the company received an insurance claim amounting to ₹7 crore against a loss of ₹18.91 crore due to fire that occurred at its Alipur, Delhi unit on March 25, 2024. Follow-up procedures for the recovery of the remaining claim amount are ongoing, the filing said.

Total expenses in the fourth quarter were higher at ₹1,889.62 crore as compared to ₹1,660.39 crore in the corresponding period a year ago.

For FY25, consolidated net profit was at ₹362.78 crore as against ₹224.3 crore in FY24, the company said.

Consolidated revenue from operations in FY25 stood at ₹7,919.37 crore as compared to ₹6,829.79 crore in FY24, it added.

The company's board of directors has recommended a 50% final dividend of ₹5 per equity share of the face value of ₹10 each for the financial year 2024-25, the filing said.