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Voltas reports 54% rise in Q1 consolidated net profit

02 Aug 2016 Evaluate

Voltas has reported results for first quarter ended June 30, 2016.

The company has reported 35.57% rise in its net profit at Rs 104.96 crore for the quarter as compared to Rs 77.42 crore for the same quarter in the previous year. Total income of the company increased by 7.92% at Rs 1690.62 crore for quarter under review as compared to Rs 1566.62 crore for the quarter ended June 30, 2015.

On the consolidated basis, the company has reported 53.72% rise in its net profit at Rs 157.62 crore for the quarter ended June 30, 2016 as compared to Rs 102.54 crore for the same quarter in the previous year. Total Income of the company increased by 18.99% to Rs. 1890.90 crore for quarter under review from Rs. 1589.07 crore for the quarter ended June 30, 2015.

Peers
Company Name CMP
Voltas 1164.50
Blue Star 1560.00
Amber Enterprises 7237.20
EPACK Durable 185.30
Bosch Home Comfort 1707.50
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