AC makers eye FY27 summer rebound, but copper at $12,500/t squeezes margins despite price hikes

Blue Star, Voltas, Havells, Lloyd and Crompton enter FY27 cautious after bruising FY26: Voltas Ebitda margin halved to 4.5%, Lloyd revenue fell 23%, Crompton swung to ₹230cr loss. Copper up 31%, BEE norms and FX threaten margins; Blue Star pushed 8% hikes vs 13% needed, Polycab took 18-19%.

Blue Star, Voltas, Havells, Lloyd and Crompton enter FY27 cautious after bruising FY26: Voltas Ebitda margin halved to 4.5%, Lloyd revenue fell 23%, Crompton sw

Mint · Industry · 5/15/2026, 7:55:24 AM · Ask about this →

Blue Star + Crompton Greaves Consumer Electricals + Havells India + Lloyd + Polycab India + Voltas +