Voltas shares plummet 12% after Q3 show

 


The company bounced back from a loss in the previous year, fueled by higher demand for household appliances during the festive season.

The manufacturer of air conditioners and coolers reported a consolidated net profit of Rs 132 crore for the quarter ending December 31, reversing a loss of Rs 30.41 crore in the same period last year.

Voltas' revenue from operations rose by 18% year-on-year (YoY), reaching Rs 3,087 crore, up from Rs 2,684 crore in Q3 FY24.

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