How does rainfall affect AC Sales?

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🌧️ Record Rainfall Hits Cooling Demand

📆 May 2025 saw the highest rainfall since 1901 across India, especially in the Central region – IMD

🔴 Impact: Negative for AC Stocks

❄️ Cooler Weather = Lower AC Sales

📉 Likely short-term pressure on: • Voltas
• Blue Star
• Havells (Lloyd)
• Epack
• Symphony

🧊 Q1 FY26 topline may see weakness for cooling appliance makers due to subdued summer demand.

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