The company said the marginal decrease in revenue was mainly due to a slowdown in refrigerator industry growth during the quarter and some impact on market share driven by extraordinary competitive pricing and promotions.

Profit before tax (PBT) for Q2 FY26 stood at Rs 47.59 crore, down 35.13% from Rs 73.37 crore in the same quarter last year.

On a half-year basis, the company’s consolidated net profit declined 4.48% to Rs 187.06 crore, while revenue fell 3.09% to Rs 4,079.59 crore in H1 FY26, compared with H1 FY25.

Whirlpool of India is primarily engaged in the manufacturing and trading of refrigerators, washing machines, air conditioners, microwave ovens and small appliances and caters to both domestic and international markets.