Voltas Ltd., a leading player in the air conditioning and engineering solutions sector, witnessed a sharp decline in its shares, dropping more than 6% in morning trade following the release of its Q1 FY26 financial results. As of 9:15 AM, the shares were trading 5.94% lower at Rs 1,227.40.
The company reported a consolidated net profit of Rs 140.61 crore for the quarter ended June 30, 2025, marking a significant 57.9% year-on-year decline from Rs 335 crore reported in Q1 FY25. On a sequential basis, the net profit also fell sharply compared to Rs 235.69 crore in Q4 FY25.
Revenue from operations for the quarter stood at Rs 3,938.58 crore, down 19.7% compared to Rs 4,921.02 crore in the same period last year. This was also lower than the Rs 4,767.56 crore recorded in the previous quarter.
Profit before tax dropped to Rs 202.72 crore, a sharp fall from Rs 451.52 crore in Q1 FY25. The company’s total tax expense also decreased to Rs 62.11 crore from Rs 116.52 crore during the corresponding period last year.
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