AC makers lower sales projection to 10-15 percent for 2025 despite spike in June numbers

The peak summer months have actually been impacted by the weather. It played a spoilsport during the peak summer months.

After losing April and May, it’s difficult to recover in the rest 10 months, said Bakshi.

However, he also added last some days are showing good results as summers are peaking up, temperatures are rising, especially in the northern region of the country, which may pave the way for better results in the coming months.

Bakshi also added: “It looks difficult that in the balance of the month, achieving the last year’s target. Last year’s achievement and overshooting it by 25 per cent looks a bit of a challenge.”

According to the latest annual report of the Tata group firm Voltas, it had achieved record-breaking milestones with the highest-ever AC sales at over 2.5 million units and air cooler sales of over 0.5 million units.

Haier Appliances India President N S Satish said YTD (year till date) growth for the RAC is 30 per cent on a year-on-year basis.

“But the months of April and May were not good. It had a de-growth of 10 to 15 per cent, actually. While in June, sales have picked up again,” he said, adding, “In February and March, there were a lot of planned purchases, where customers had pre-ponned it, because the previous year they had seen the shortage.”