New Delhi, June 19 -- This year's summer seems to have ended in a rush thanks to unseasonal rains. But this has left air conditioners in a spot, with their sales suffering during the typically strong June quarter.

In a recent analyst interaction,Voltas Ltd said room air conditioner volumes had dropped 20-25% year-on-year in April and May, for both the company and the industry. Voltas's unitary cooling products segment, largely comprising room air conditioners, contributed 69% of its total revenue in 2024-25.

Some recovery was visible in June, but only in parts of north India. With channel inventory at 6-8 weeks and weak secondary demand, the overall air conditioner industry is tracking well below expectations in the ongoing April-June f...