Page 7 - Consumer Durables

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

Durables makers script advertising narratives around new lockdown lifestyle

Godrej, Voltas, Prestige, Samsung and other appliances brands tune in to the growing chatter around household chores, pitch convenience on a budget

Whirlpool of India CFO Yatin Malhotra resigns; Aditya Jain to replace

Consumer durables maker Whirlpool of India Ltd on Thursday announced resignation of its Chief Financial Officer Yatin Malhotra and appointment of Aditya Jain as his replacement

Consumer durables shares gain on demand recovery in June; Polycab up 6%

Strong pent-up demand was seen in refrigerators, washing machines, and small appliances categories in June

Electronics majors leaving no stone unturned to revive offline trade

Firms ready retail plans to align with changing consumer pattern, revive offline trade

Why investors shouldn't try buying troubled consumer durable stocks on dips

To be fair, consumer durable companies had defied slowdown till December 2019. But, with revenues projected to dip by 5 - 9 per cent in Q4, it will pull down FY20 earnings.

Covid-19 lockdown to hit consumer durable firms; FY21 earnings estimate cut

Brokerages believe the extension of lockdown can potentially wipe off a major portion of seasonal sales for RAC.

Top biz headlines: GoAir stops int'l ops, exporters seek govt aid, and more

From GoAir suspending international flights to digital payments getting the boost amidst Covid-19 concerns, Business standard brings to you the top headlines of the day