Weather and geopolitical disruptions weigh on Q4 demand for consumer durables.

– Exposure to summer-driven demand cycles – Cooling segment sensitive to weather patterns – Appliance demand linked to seasonal consumption Unseasonal rains and West Asia tensions disrupted peak summer demand, impacting sales momentum for durables in Q4FY26. Seasonality, weather volatility, and geopolitical risks can affect short-term demand visibility in discretionary sectors. Track external variables influencing consumption cycles.