COMPANIES

No Data Found

NEWS

No Data Found
Advertisement
Consumer durables see robust growth in 3QFY21

Consumer durables see robust growth in 3QFY21

Consumer durables see robust growth in 3QFY21

BusinessToday.In
BusinessToday.In
  • Updated Mar 2, 2021, 10:09 AM IST
Consumer durables see robust growth in 3QFY21
1/5

The revenue recovery was led by cooling products and Original Equipment Manufacturer (OEMs). The key drivers of growth during the quarter were pre-buying, pent-up demand, reduced restrictions on movement of people and improving sentiment.

Consumer durables see robust growth in 3QFY21
2/5

Consumer durables industry posted a robust recovery in 3QFY21 with revenue/EBIT growth.

Consumer durables see robust growth in 3QFY21
3/5

Cooling products saw a strong revival in 3QFY21 after a weak performance in the past three quarters.

Consumer durables see robust growth in 3QFY21
4/5

Lighting returned to growth in 3QFY21 due to increased construction activity after a weak 1HFY21. Price hikes, which began in 2QFY21, supported margin expansion, and most players saw healthy EBIT growth.

Consumer durables see robust growth in 3QFY21
5/5

Cables & Wires saw growth in 3QFY21, following a weak 1HFY21 on the back of revival in the real estate sector and resumption of projects/capex put on hold during the lockdown.

Story: Shivani Sharma
Design: Pragati Srivastava