Voltas reports 11% fall in Q1 consolidated net profit

07 Aug 2019

Voltas has reported results for first quarter ended June 30, 2019.  

The company has reported 14.78% rise in its net profit at Rs 147.05 crore for the quarter under review as compared to Rs 128.12 crore for the same quarter in the previous year. Total income of the company increased by 28.22% at Rs 2,584.11 crore for Q1FY20 as compared Rs 2,015.37 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 11.09% in its net profit at Rs 166.32 crore for the quarter under review as compared to Rs 187.06 crore for the same quarter in the previous year. However, total income of the company increased by 23.94% at Rs 2,697.27 crore for Q1FY20 as compared Rs 2,176.30 crore for the corresponding quarter previous year.  

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