Voltas reports 32% volume growth in Q2 FY27 with strong financial performance

Voltas Limited announced its Unaudited Standalone and Consolidated Financial Results for the quarter and half year ended 30th September 2026. The company reported a robust performance, with its Room Air Conditioner (RAC) business showing a 32% volume growth. Consolidated total income for the quarter was ₹2,746 crores, with profit after tax (PAT) at ₹48 crores, marking a significant increase compared to the previous year. The Electro-Mechanical Projects and Services business also maintained strong order momentum.

Voltas Announces Strong Q2 FY27 Financial Results

Voltas Limited, a leading player in air conditioning and engineering solutions, has announced its unaudited financial results for the quarter and half year ended 30th September 2026. The company has demonstrated strong performance across its key business segments, driven by its market leadership and operational excellence.

Key Financial Highlights

For the quarter ended 30th September 2026, Voltas recorded a Consolidated Total Income of ₹2,746 crores, a notable increase from ₹2,412 crores in the same period last year. Profit Before Tax (PBT) stood at ₹83 crores, up from ₹54 crores in Q2 FY26. Consequently, Profit After Tax (PAT) rose to ₹48 crores from ₹32 crores in the corresponding prior period.

Segment Performance and Business Drivers

The company’s Room Air Conditioner (RAC) business continued to reinforce its market leadership, achieving a 32% volume growth during the quarter. Voltas maintained its position as India’s No. 1 RAC brand with a market share of 17.4% year-to-date ended September 2026, a 4.2% lead over its nearest competitor.

The Unitary Cooling Products business saw a 29% revenue growth, bolstered by the RAC segment, while improving profitability despite cost pressures. Voltbek, its home appliances arm, achieved record Q2 sales in Washing Machines and Refrigerators.

The Electro-Mechanical Projects and Services business maintained its momentum with an order book exceeding ₹6,800 crores, ensuring revenue visibility. The Engineering Products and Services segment registered over 30% growth.

Leadership Transition and Auditor Appointment

The Board also approved several key management changes, including the retirement of Mr. Noel N. Tata as Chairman and the appointment of Mr. Sunil Alaric D’Souza as the new Chairman. Additionally, the Board approved the appointment of Deloitte Haskins & Sells Chartered Accountants LLP as the new Statutory Auditors for a term of five years, commencing from the 73rd AGM in 2027.

The Board Meeting commenced at 11.00 a.m. and concluded at 4.15 p.m. on 6th November 2026.

Source: BSE

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