Published 18:24 IST, October 29th 2024

Voltas profit more than doubles to Rs 133 crore in Q2

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

Follow: Google News Icon
  • share
Voltas Q2 profit more than doubles | Image: Voltas
Advertisement

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 the September quarter.

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

Advertisement

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

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

Advertisement

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

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

Advertisement

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

18:24 IST, October 29th 2024

undefined