Voltas' Q2 FY 2025-26 Quarterly Results

Result Summary

• Voltas Ltd reported a 40.0% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 11.5%.
• Its expenses for the quarter were down by 38.8% QoQ and 6.7% YoY.
• The net profit decreased 77.6% QoQ and decreased 76.3% YoY.
• The earnings per share (EPS) of Voltas Ltd stood at 1.03 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Voltas Ltd is a prominent player in the air conditioning and engineering services sector, primarily known for its range of air conditioning products and services. The company operates in the consumer electronics industry, catering to the demands of residential and commercial spaces for climate control solutions. Voltas Ltd is also involved in providing engineering solutions for projects in the fields of heating, ventilation, air conditioning, and refrigeration (HVAC&R). The company has a broad market presence in India and has established a significant footprint internationally. Any recent major developments in the company are not available in the provided data.

Revenue

For the second quarter of the fiscal year 2026 (Q2FY26), Voltas Ltd reported a total income of ₹2411.93 crores. This represents a sequential decline of 40.0% when compared to the previous quarter, Q1FY26, where the total income was ₹4020.65 crores. Additionally, there is an 11.5% year-over-year decrease from Q2FY25's total income of ₹2724.58 crores. Such changes in revenue are indicative of the company's performance in the current quarter relative to previous periods, though no conclusions can be drawn from these figures.

Profitability

In Q2FY26, Voltas Ltd recorded a Profit Before Tax (PBT) of ₹90.64 crores, which marks a 60.3% decrease from the previous quarter's PBT of ₹228.60 crores. Comparing to the same quarter of the previous year, there is a 61.9% decline from the PBT of ₹237.69 crores in Q2FY25. The Profit After Tax (PAT) for Q2FY26 stands at ₹31.50 crores, showing a significant reduction of 77.6% from Q1FY26's PAT of ₹140.61 crores and a 76.3% decrease from Q2FY25's PAT of ₹132.83 crores. The Earnings Per Share (EPS) for Q2FY26 is ₹1.03, down from ₹4.25 in Q1FY26, reflecting a 75.8% decrease, and a 74.6% decline from ₹4.05 in Q2FY25. These metrics illustrate the company's profitability in the current quarter without implying any trends.

Operating Metrics

During the second quarter of fiscal year 2026, Voltas Ltd's total expenses were ₹2321.29 crores, which is a 38.8% decrease from the expenses of ₹3792.05 crores in Q1FY26. Compared to Q2FY25, when total expenses were ₹2486.89 crores, there is a decrease of 6.7%. The tax expense for Q2FY26 was ₹22.62 crores, showing a decrease of 63.6% from Q1FY26's tax expense of ₹62.11 crores and a 68.8% reduction from Q2FY25's tax expense of ₹72.60 crores. These figures provide a snapshot of the company's operational expenditures and tax obligations for the quarter.