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Voltas reports 25% fall in Q3 consolidated net profit

12 Feb 2022 Evaluate

Voltas has reported results for third quarter ended December 31, 2021.

The company has reported a fall of 12.02% in its net profit at Rs 122.64 crore for the quarter under review as compared to Rs 139.40 crore for the same quarter in the previous year. However, total income of the company increased by 0.39% at Rs 1661.77 crore for Q3FY22 as compared Rs 1655.28 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported fall of 24.94% in its net profit at Rs 96.56 crore for the quarter under review as compared to Rs 128.64 crore for the same quarter in the previous year. Total income of the company decreased by 10.94% at Rs 1822.34 crore for Q3FY22 as compared Rs 2046.26 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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