Whirlpool Q3 net profit rises 57% to Rs 44 crore, revenue from operations up 11%

WHIRLPOOL

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26 Aug, 2025 12:21

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Whirlpool India on February 4 reported a net profit of Rs 43.96 crore for the October-December quarter of the current financial year. This marks a rise of nearly 57 percent from the Rs 27.99 crore reported in Q3 of FY25.

The company's revenue from operations meanwhile jumped 11 percent year-on-year to Rs 1,705 crore. It had reported Rs 1,536 crore revenue from operations for the corresponding quarter of the previous financial year.

Whirlpool's total income stood at Rs 1,755 crore, while total expenses stood at Rs 1,696 crore in Q3. This marks an increase from Rs 1,571 crore total income and Rs 1,529 crore total expenses reported in Q3 of the previous financial year.

Along with the Q3 results, the company announced that its Vice President of Sales, Pinaki Haldar, has resigned to pursue opportunities outside the company. His resignation will be effective from the closing hours of March 25, 2025. He will be succeeded by Kumar Gaurav Singh who currently serves as the Vice President of marketing. The company’s marketing director Nakul Tewari will take over as Vice President of marketing department.

The shares of Whirlpool India closed 2.5 percent lower at Rs 1,152 apiece on February 4. The Q3 results and change in key managerial roles were announced in the post-market hours of February 4. The stock will be kept under active watch when the market reopens on February 5.

Notably, Whirlpool India's holding company, Whirlpool Corporation, had announced in January that it intends to sell down its stake in the Indian unit to about 20 percent from the current 51 percent ownership by mid to late 2025. The shares of the company hit a 52-week-low of Rs 1,075 apiece following the announcement. The stock has now recovered 7 percent from that level. It is however still 53 percent lower than its 52-week-high record of Rs 2,449.7 apiece, which it had hit in October last year.