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Scorching summer puts ACs in the driver's seat for Q1 consumer durables sales: Report
The consumer durable sector anticipates a robust first quarter in fiscal year 2026-2027. Strong summer demand and a favorable base are expected to drive significant sales growth. Room air conditioners are projected to lead this expansion with substantial value increases. Washing machines and televisions will also see healthy growth supported by price adjustments. Despite operational challenges, the sector's financial performance is showing signs of recovery.
Voltas sells 1 million ACs in record 81 days of FY27; stock in focus
According to Voltas, robust consumer demand, innovation-led growth, strong execution and a series of strategic initiatives contributed to the record performance. Management said demand remains healthy across markets and expects momentum to continue in the coming months.
Heatwave drives surge in cold drink sales, AC and fridge demand stays weak
India's scorching heatwave has boosted sales of soft drinks, ice-creams and dairy beverages, while higher prices and weak consumer sentiment have slowed demand for ACs and refrigerators.
ACS stock falls 5% on accelerated share placement - Investing.com India
ACS stock falls 5% on accelerated share placementInvesting.com India