Voltas Limited has announced its unaudited financial results for the quarter and half-year ended September 30, 2025. The results reveal a decrease in total income compared to the previous year, with the company citing external challenges impacting retail offtake and margins. Despite these challenges, Voltas has maintained its market leadership and continued its strategic growth through diversified solutions.
Financial Performance
Voltas Limited announced its unaudited consolidated financial results for Q2 FY26 and H1 FY26, revealing a mixed performance due to external challenges. Key highlights include:
- Total Income: Decreased to ₹2,412 crores in Q2 FY26 from ₹2,725 crores in Q2 FY25 and to ₹6,433 crores in H1 FY26 from ₹7,726 crores in H1 FY25.
- Profit Before Tax (PBT): Declined to ₹54 crores in Q2 FY26 from ₹205 crores in Q2 FY25 and to ₹257 crores in H1 FY26 from ₹657 crores in H1 FY25.
- Profit After Tax (PAT): Reduced to ₹32 crores in Q2 FY26 from ₹133 crores in Q2 FY25 and to ₹172 crores in H1 FY26 from ₹468 crores in H1 FY25.
The company attributed the performance to external factors such as lean summer and GST-related demand deferment, which impacted retail offtake and margins.
Segmental Performance
The segment revenue and results for Q2 FY26 and H1 FY26 are as follows:
- Unitary Cooling Products: Revenue decreased to ₹1,215 crores in Q2 FY26 and ₹4,083 crores in H1 FY26 with a loss of ₹(46) crores in Q2 FY26 and a profit of ₹59 crores in H1 FY26.
- Electro-Mechanical Projects and Services: Revenue decreased to ₹966 crores in Q2 FY26 and ₹1,888 crores in H1 FY26 with a profit of ₹92 crores in Q2 FY26 and ₹141 crores in H1 FY26.
- Engineering Products and Services: Revenue decreased to ₹139 crores in Q2 FY26 and ₹274 crores in H1 FY26 with a profit of ₹44 crores in Q2 FY26 and ₹84 crores in H1 FY26.
Future Outlook
Voltas is positioned for future growth with strong fundamentals and strategic clarity. The company retains its market leadership and continues to strengthen its strategic position through product innovation, manufacturing excellence, and channel expansion. The company expects the GST reduction and upcoming BEE efficiency transition to unlock pent-up consumer demand in upcoming quarters.
Source: BSE
