Voltas has reported results for the fourth quarter and year ended March 31, 2019.
The company has reported a fall of 29.34% in its net profit at Rs 125.21 crore for the quarter ended March 31, 2019 as compared to Rs 177.21 crore for the same quarter in the previous year. However, total income of the company increased by 9.80% at Rs 2,099.89 crore for quarter under review as compared to Rs 1,912.44 crore for the quarter ended March 31, 2018.
On consolidated basis, the company has reported fall of 27.01% in its net profit at Rs 141.74 crore for the quarter ended March 31, 2019 as compared to Rs 194.19 crore for the corresponding quarter in the FY18. However, total consolidated income of the company marginally rose 1.33% at Rs 2,120.02 crore for quarter under review as compared to Rs 2,092.17 crore for the same quarter ended previous year.
For the year ended March 31, 2019, the company has posted a fall of 7.33% in its net profit at Rs 464.47 crore as compared to Rs 501.23 crore for the previous year. However, total income of company increased 14.60% at Rs 6,955.74 crore for year under review as compared to Rs 6,069.36 crore for year ended March 31, 2018.
For the year ended March 31, 2019, on the consolidated basis, the company has posted fall of 11.08% in its net profit at Rs 513.88 crore as compared to Rs 577.90 crore for the previous year. However, total income of company increased by 10.73% at Rs 7,310.32 crore for year under review as compared to Rs 6,602.00 crore for year ended March 31, 2018.
