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Voltas reports consolidated net loss of Rs 110 crore in Q3

10 Feb 2023 Evaluate

Voltas has reported results for third quarter ended December 31, 2022 (Q3FY23).

The company has reported a fall of 63.86% in its net profit at Rs 44.32 crore for the quarter under review as compared to Rs 122.64 crore for the same quarter in the previous year. Total income of the company decreased 12.38% at Rs 1456.07 crore for Q3FY23 as compared to Rs 1661.77 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net loss at Rs 110.49 crore for the quarter under review as compared to net profit of Rs 96.56 crore for the same quarter in the previous year. However, total income of the company increased 11.74% at Rs 2036.27 crore for Q3FY23 as compared to Rs 1822.34 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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