Voltas profit more than doubles to Rs 133 crore in Q2

Air-conditioner maker and engineering services provider Voltas on Tuesday reported more than two-fold jump in consolidated net profit to Rs 132.83 crore for September quarter.

increase was led by a 56 per cent volume growth from its room AC business.

It h posted a consolidated net profit of Rs 35.65 crore in July-September period a year ago, company said in a regulatory filing.

Voltas' revenue from operations was up 14.23 per cent to Rs 2,619.11 crore during quarter under review from Rs 2,292.75 crore in year-ago period.

Total expenses of Voltas increased 10.74 per cent to Rs 2,486.89 crore in September quarter.

Voltas' total income, which includes or income, was up 16.53 per cent in September quarter to Rs 2,754.58 crore.

Shares of Voltas Ltd on Tuesday settled at Rs 1,770.50 on BSE, up 0.47 per cent from previous close.