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VERIFIEDMint Markets·neutral
Room AC firms set to have a moment in the sun?
AI Summary
- ·Room air-conditioner sales increased by 40% in Q1FY27 due to heatwaves and a delayed monsoon.
- ·Voltas achieved a milestone by selling over 1 million units in a record timeframe.
- ·Rising input costs and price increases of 5-12% may impact profit margins despite strong demand for premium products.