Whirlpool India Q1 profit falls 29.5% as margins contract; shares drop 4%
Whirlpool of India reported Q1 FY27 revenue of Rs 2,727 crore, up 12.1% year-on-year, but net profit fell to Rs 103 crore as EBITDA margin narrowed to 5.1% from 8.7%. The company also announced senior operating and finance appointments at Elica India.
Whirlpool of India posted 12.1% Q1 FY27 revenue growth but a 29.5% profit decline as EBITDA margin narrowed to 5.1%. Shares fell over 4%. The company also named a new Elica India COO and manufacturing-finance head.
Why this matters
The results extend Whirlpool India's recent pattern of revenue growth alongside weaker profitability, following signals on 12% Q1 revenue growth, a margin decline to about 5%, and its Aug. 5 earnings release timing.
Retail-company signals are accelerating, up 183300% quarter-on-quarter.