Whirlpool of India Ltd (WOIL) posted its Q2FY18 results. Net revenue for Q2FY18 was at INR 11,596.7 Mn which grew by 23.5% YoY and de-grew by 28.3% QoQ. The revenue was in line with our estimates due to festive seasons and GST implementation enabled the company to sell of the inventories. EBIDTA for Q2FY18 stood at INR 1,135 Mn with margins of 9.8% which decreased by 324 bps QoQ and increased by 24 bps YoY due to higher raw material and employee cost. PAT for Q2FY18 stood at INR 734.3 Mn and PAT margin...