Voltas has reported results for fourth quarter (Q4) and year ended March 31, 2024.
The company has reported 21.53% rise in its net profit at Rs 190.31 crore for the quarter under review as compared to Rs 156.59 crore for the same quarter in the previous year. Total income of the company increased by 35.69% at Rs 3121.31 crore for Q4FY24 as compared Rs 2300.32 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 22.75% fall in its net profit at Rs 110.64 crore for fourth quarter ended March 31, 2024 as compared to Rs 143.23 crore for the same quarter in the previous year. However, total income of the company increased by 41.75% at Rs 4257.30 crore for Q4FY24 as compared Rs 3003.46 crore for the corresponding quarter previous year.
For the year ended March 31, 2024, the company has reported 57% fall in net profit at Rs 604.26 crore as compared to Rs 1405.31 crore for the previous year. However, total income of the company increased by 14.49% at Rs 8987.76 crore for year under review as compared to Rs 7850.12 crore for year ended March 31, 2023.
For the year ended March 31, 2024, on the consolidated basis, the company has reported 82.14% rise in its net profit at Rs 248.11 crore as compared to Rs 136.22 crore for the previous year. Total income of the company increased by 31.73% at Rs 12,734.47 crore for year under review as compared to Rs 9667.22 crore for year ended March 31, 2023.
