Voltas reports marginal rise in Q1 consolidated net profit

12 Aug 2015

Voltas has reported results for first quarter ended June 30, 2015.

The company has reported 33.70% rise in its net profit at Rs 82.25 crore for the quarter ended June 30, 2015 as compared to Rs 61.52 crore for the same quarter in the previous year. However, the company’s total income has decreased by 10.69% to Rs 1579.53 crore for the quarter under review from Rs 1768.57 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported 1.42% rise in its net profit after taxes, Minority Interest and Share of Profit of Associates at Rs 110.54 crore for the quarter ended June 30, 2015 as compared to Rs 108.99 crore for the same quarter in the previous year. However, total income of the company has decreased by 9.35% at Rs 1619.55 crore for quarter under review as compared to Rs 1786.55 crore for the quarter ended June 30, 2014.

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