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Voltas reports 50% rise in Q1 consolidated net profit

06 Aug 2021 Evaluate

Voltas has reported results for first quarter ended June 30, 2021.  

The company has reported rise of 18.88% in its net profit at Rs 135.33 crore for the quarter under review as compared to Rs 113.84 crore for the same quarter in the previous year. Total income of the company increased by 19.35% at Rs 1510.26 crore for Q1FY22 as compared Rs 1265.37 crore for the corresponding quarter previous year.    

On the consolidated basis, the company has reported rise of 50.09% in its net profit attributable to owners of the company at Rs 121.80 crore for the quarter under review as compared to Rs 81.15 crore for the same quarter in the previous year. Total income of the company increased by 36.34% at Rs 1860.17 crore for Q1FY22 as compared Rs 1364.34 crore for the corresponding quarter previous year.     

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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