Voltas sells ~1.2 million units of residential ACs (RAC) in H1CY22VOLTAS - 1097 Change: 2.25 (0.21 %)
News: According to Business Line, Voltas completed sales of ~1.2 million units of RACs in H1CY22 registering a 60% volume growth, highest ever by any player in the industry. The company also achieved triple digit volume growth in Q1FY23.
Views: The strong performance of the company was led by high demand of cooling products owing to an intense summer across the country along with expansion of its distribution network. Voltas has 25000+ customer touch points. The company's wide presence, brand equity, innovative products along with strong distribution network have helped it to remain the market leader in the RAC industry.