MoneyWorks4Me

Voltas records 35% sales growth in Air Conditioner in FY24

08 Apr 2024 Evaluate

Voltas has recorded a 35% sales growth in Air Conditioner to over two million units in FY24, becoming the first company in the domestic market to cross this mark. The performance was attributed to a consistent demand for cooling products during the year, coupled with a strong offline and online distribution network, and new innovative launches.

Besides, its home appliances brand Voltas Beko, a JV with Turkish appliances maker Arcelik, also achieved the milestone of selling close to 2 million units in FY24. Overall, 5 million consumer products got sold to customers across the country by Voltas in FY24. 

Voltas is among India’s leading air-conditioning, refrigeration and engineering services companies.

Peers
Company Name CMP
Voltas 1164.50
Blue Star 1560.00
Amber Enterprises 7237.20
EPACK Durable 185.30
Bosch Home Comfort 1707.50
View more..