Whirlpool of India Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 12, 2025
WHIRLPOOL · price
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Whirlpool of India has submitted its Annual Report for the financial year ended March 31, 2025, along with the Notice of its 64th Annual General Meeting (AGM) scheduled for Friday, September 12, 2025, to be held via video conference. For FY 2024-25, the company reported consolidated total income of INR 8,110 crore, up 16% year-on-year, with consolidated profit after tax (PAT) rising 62% to INR 363 crore and PAT margins improving from 3.3% to 4.6%. Standalone total income grew to INR 7,594 crore while standalone PAT jumped 87% to INR 313 crore. The Board has recommended a final dividend of INR 5 per equity share (total payout of INR 63.44 crore) with a record date of August 29, 2025. The report also highlights parent Whirlpool Corporation's January 2025 announcement of an 'Anticipated Sell Down' of its stake, for which the company has formed a Transition Committee and engaged AZB & Partners to advise on next steps.
The strong profit growth and dividend announcement are positive signals for shareholders, though the anticipated sell-down by the parent company Whirlpool Corporation introduces some uncertainty around future brand and technology access. The AGM will formally seek shareholder approval for the dividend and other routine resolutions.