WHIRLPOOL OF INDIA LTD

During the earnings call held on August 6, 2026, management reported record revenue growth for the quarter, achieving the highest revenue in the company's history with an 11.4% increase. They maintained a strong market position, holding the number two spot in refrigerators and washers, and reported significant growth in air conditioners and Elica products. However, management noted that margins were significantly impacted by geopolitical factors, including rising crude oil prices and regulatory changes related to energy and e-waste. Despite these challenges, the company achieved record production numbers and maintained negative net working capital. Management emphasized their commitment to responsible growth and innovation, particularly with the launch of new premium products, including a four-door refrigerator with advanced technology. The call concluded with a Q&A session addressing various operational and strategic queries from analysts.

Management highlighted both strong revenue growth and significant margin pressures due to external factors.