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AC Companies See Sales Going Up By 25% In Q4 FY25 Ahead Of Harsh Summer
The Sunday Guardian
|March 30, 2025
The government has recently exempted key components such as grooved copper tubes and air conditioner compressors of two-tonne capacity and above from mandatory BIS certification.
This is to ease concerns for the ensuing summer to prevent shortages as temperatures increase. The Indian Meteorological Department has announced a heat wave warning, with the maximum and minimum temperatures to remain elevated and above the normal benchmark across India.
The country is expected to see an above-normal heat wave over the next few months. Hence, air conditioner companies such as Blue Star and Voltas have recently seen their share prices go up on the back of higher sales for the fourth quarter of FY25. Blue Star is quite optimistic about the growth prospects in the next few quarters on the back of the onset of the summer season, potential revival in government spending, and capex by the private sector. Blue Star is expecting a 25% growth in the air conditioner segment, having secured components and raw materials in advance for the coming summer season.
Denne historien er fra March 30, 2025-utgaven av The Sunday Guardian.
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