Consumer durable demand outlook likely to remain weak in Q3FY23

While input costs have eased, lower volumes could impact margins

Ram Prasad Sahu
Last Updated at December 1, 2022 23:17 IST

Competitive pressures are highest in the room air conditioner sector with companies looking at expanding market share

Demand trends for the consumer durables sector are expected to remain weak for the second consecutive quarter, impacting the performance of companies in the third quarter for the 2022-23 financial year (Q3FY23). After a strong Q1FY23, the performance of consumer durable majors -- barring wires/cables companies -- have been sluggish.

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