Whirlpool of India Block Deal: Promoter to Sell 7.5% Stake at a Floor Price of ₹1,030 Per Share

Whirlpool of India Ltd’s promoter is reportedly preparing to offload 95 lakh shares, equivalent to a 7.5% stake via block deal, according to CNBC Awaaz.

Whirlpool India Block Deal Details

The floor price has been set at ₹1,030 per share, implying a 14% discount to the prevailing market price. The transaction is expected to be valued at around ₹965 crore. Following the sale, the promoter will be bound by a 90-day lock-up period during which no additional shares can be divested.

Whirlpool of India Q2FY26 Earnings

Whirlpool of India Limited today reported its operating results for the second quarter of FY 2025–26. The company posted consolidated revenue of ₹1,647 crore, a 3.8% decline compared to last year, largely attributed to muted refrigerator industry growth and some market-share pressure stemming from intense competitive pricing and promotions. Despite a challenging macroeconomic environment ahead of the GST 2.0 transition in late September 2025, the company continued to advance its priorities of premiumisation, execution excellence, and cost productivity. 

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Consolidated PBT stood at ₹57.5 crore, down 21.6% year-on-year (16% excluding the E-waste upcharge), while gross margins improved by 50 bps owing to strong cost-efficiency measures under the P4G (Productivity for Growth) program. The overall dip in profitability was mainly driven by lower revenues and higher E-waste provisions. Consolidated PAT came in at ₹42 crore, a 21.9% decline versus last year.

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