Consumer durable companies faced a downward trend in FY26: Report

Consumer durables companies faced a tough first quarter of FY26 as weak demand for summer products weighed heavily on sales, according to a Union Bank of India Research report. The early onset of monsoon cut short the summer season, hitting the demand for cooling appliances like room air conditioners and air coolers, which saw more than 30 per cent year-on-year (YoY) decline in sales. Fans and refrigerators also recorded double-digit contraction.

​Consumer durables companies faced a tough first quarter of FY26 as weak demand for summer products weighed heavily on sales, according to a Union Bank of India Research report. The early onset of monsoon cut short the summer season, hitting the demand for cooling appliances like room air conditioners and air coolers, which saw more than 30 per cent year-on-year (YoY) decline in sales. Fans and refrigerators also recorded double-digit contraction.