Shares of Voltas Ltd fell over 3% in early morning trade on Friday after the Tata Group-backed consumer durables major reported a weaker-than-expected performance for the third quarter of FY26. Investor sentiment turned cautious as pressure on profitability overshadowed relatively stable revenues. As of 9:27 AM, the shares were trading 3.08% lower at Rs 1,307.50.
In its Q3 FY26 consolidated results, Voltas reported revenue of ₹3,071 crore, down 1.1% year-on-year compared to ₹3,105 crore in the same quarter last year.
Earnings before interest, tax, depreciation and amortisation (EBITDA) declined 10.2% year-on-year to ₹177 crore from ₹197 crore, leading to a contraction in operating margins. EBITDA margin for the quarter stood at 5.8%, compared with 6.4% in Q3 FY25, indicating continued pressure from input costs and operating expenses.
Net profit witnessed a sharper fall, declining 36% year-on-year to ₹85 crore versus ₹132 crore in the corresponding quarter last year.
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