Whirlpool of India (500238) Q2 24/25 earnings summary

Executive summary

• Unaudited standalone and consolidated financial results for the quarter and half year ended 30 September 2024 were approved by the Board on 8 November 2024.

• Financial statements were reviewed by statutory auditors, with no material misstatements identified.

• The company operates predominantly in the Home Appliances segment.

Financial highlights

• Standalone revenue from operations for Q2 FY25 was ₹158,208 lakhs, up from ₹140,002 lakhs in Q2 FY24.

• Standalone net profit for Q2 FY25 was ₹4,170 lakhs, compared to ₹2,552 lakhs in Q2 FY24.

• Consolidated revenue from operations for Q2 FY25 was ₹171,299 lakhs, up from ₹152,156 lakhs in Q2 FY24.

• Consolidated net profit for Q2 FY25 was ₹5,353 lakhs, compared to ₹3,820 lakhs in Q2 FY24.

• Cash and cash equivalents as of 30 September 2024 stood at ₹221,034 lakhs (standalone) and ₹244,313 lakhs (consolidated).

Outlook and guidance

• Manufacturing capacity for refrigerators at the Pune factory will be expanded by 3 lakh units annually by July 2026 to meet future demand.