Total expense declined 12.76% to Rs 1,307.35 crore during the quarter as against Rs 1,498.60 crore in corresponding quarter last year. Cost of raw material consumed stood at Rs 843.58 crore (up 17.7% YoY). Employee benefit expense was at Rs 156.32 crore (up 2% YoY).

Whirlpool of India is a leading manufacturer of home appliances. It is primarily engaged in manufacturing and trading of refrigerators, washing machines, air conditioners, microwave ovens, built in and small appliances and caters to both domestic and international markets. The company also provides services in the area of product development and procurement services to Whirlpool Corporation, USA and other group companies.