Page 6 - Consumer Durables

Consumer durables industry may contract 12-15% in FY21: Godrej Appliances

This was mainly due to the loss witnessed in June quarter and the worst hit was the air conditioner segment

April likely to be a washout for appliances as fresh Covid-19 curbs hit biz

Durables players admit that restrictions have hit festive sales

White goods, solar modules get Rs 10,738 crore worth of PLI push

While incentives worth Rs 6,238 crore would be provided over five years for manufacturing of white goods in India, the outlay for solar PV modules is Rs 4,500 crore

Durables firms fear slowdown in rural regions as Covid-19 cases rise

During unlock, most consumer goods makers, including durables majors, turned their attention to small towns and rural areas

Breezy summer ahead for consumer durables financiers, say analysts

Strong product demand is expected to drive loan book of lenders

Consumer durables companies' price gamble

The festive season is over and demand for most consumer durables has weakened. Companies are therefore testing a difficult market as they seek to protect their margins

Whirlpool of India third quarter profit falls 6.70% to Rs 71.36 crore

The firm was hit by a sharp increase in input costs

Retailers push the discount pedal on R-Day, offer rebates of up to 60%

Most categories looking to capitalise on out-of-home momentum

Budget 2021: Consumer durables makers seek respite from inflation, taxes

Retailers Association of India (RAI) has demanded certain measures that it believes will help improve the overall consumer goods industry.

Crompton Consumer: Strong demand, mkt share gains may help sustain growth

Jefferies estimates a 13% annual growth in topline during FY20-23, as well as margin expansion

Durables makers end 2020 at record low, sales down 30% amid Covid-19

While the countrywide lockdown between late March and May wiped out sales for three months, falling demand after Diwali has been a crippling factor

Robust demand may sustain growth momentum for consumer durable makers

Margins could come under pressure given sharp rise in raw material costs

Robust demand may sustain growth momentum for consumer durables makers

Margins could come under pressure, given a sharp rise in raw material costs

Commodity rally to create new winners and losers in coming quarters

Metal & mining firms to gain; others may see margins contract

We expect an AUM growth of 5-6% in FY21, says STFC's Umesh Revankar

"The festive season has started well for consumer durables and other essential goods/products across the country," says Revankar

Havells delivers a strong beat in Sept quarter operational performance

While cost control drove margins and consumer demand rebounds, further gains may restricted as projects business is yet to recover and valuations are stretched

Online sale of durables nearly doubles this season, grabs offline share

With consumers staying indoors, e-commerce firms have extended their reach to a larger number of pin codes

Full recovery in consumer durables will be long drawn affair: Analysts

Analysts expect companies to shift focus to online platform in order to boost sales in these Covid-19 impacted times

Durables firms prepare for Dussehra-Diwali amid slow economic recovery

Over a third of durable sales happens in the festive season, with companies setting themselves up for the season from Aug-Sept, pushing their products into trade and lining up their festive campaigns

Industrial production shrinks fifth month in a row, rate slows to 10.4%

Slowing pace of recovery and sluggish manufacturing output has experts worrying over Q2 GDP growth