Room AC firms set to have a moment in the sun?
New Delhi, July 2 -- The room air-conditioner (RAC) segment is poised for a decent show in the June quarter (Q1FY27). April and May saw strong RAC demand driven by heatwaves in many parts of India. Dealers channel check by Centrum Broking showed that, in Q1FY27, within white goods, AC was the best-performing category with 40% volume growth, partly aided by a favourable base; refrigerators, washing machines, and televisions saw 10-25% growth. The delayed arrival of the south-west monsoon due to El Niño conditions, which causes high temperatures, is good for near-term RAC demand. In fact, on 21 June, Voltas said its AC sales for FY27 have surpassed 1 million units in record time (compared with nearly 2.25 million units in FY26), aided ...
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