Consumer Durables GST

Voltas posted largely in-line revenue for Q3, but better-than-expected profitability, particularly in its UCP segment, prompted a reassessment of near-term margin trends among analysts.

Cooling appliance makers had started the year with high hopes, but an early arrival of monsoon splashed away their enthusiasm

Epack Durable share price: YES Securities values the company at 30x FY28EPS and arrives at a target price of ₹545

While input costs have eased, lower volumes could impact margins

The added burden on manufacturers for recycling e-waste is expected to impact their margins, which may further lead them towards hiking prices of other items

With the implementation of GST from July 1, products such as AC, TV, washing machines, refrigerators have turned dearer

Under the GST regime, most of the home appliances and consumer durables will attract 28% levy