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Consolidated net sales (including other operating income) of Voltas has increased 46.47% to Rs 4921.02 crore. Sales of Electro Mechanical Projects segment has gone up 39.77% to Rs 949.13 crore (accounting for 19.32% of total sales). Sales of Engineering Products segment has gone up 12.98% to Rs 160.78 crore (accounting for 3.27% of total sales). Sales of Unitary Cooling Products segment rose 51.24% to Rs 3,802.17 crore (accounting for 77.40% of total sales). Profit before interest, tax and other unallocable items (PBIT) has jumped 109.62% to Rs 439.35 crore. PBIT of Electro Mechanical Projects reported profit of Rs 67.49 crore compared to loss of Rs 51.87 crore. PBIT of Engineering Products segment fell 17.15% to Rs 44.84 crore (accounting for 10.21% of total PBIT). PBIT of Unitary Cooling Products segment rose 57.72% to Rs 327.02 crore (accounting for 74.43% of total PBIT). PBIT margin of Electro Mechanical Projects segment rose from negative 7.64% to 7.11%. PBIT margin of Engineering Products segment fell from 38.03% to 27.89%. PBIT margin of Unitary Cooling Products segment rose from 8.25% to 8.60%. Overall PBIT margin rose from 6.28% to 8.94%. Operating profit margin has jumped from 5.52% to 8.61%, leading to 128.65% rise in operating profit to Rs 423.80 crore. Raw material cost as a % of total sales (net of stock adjustments) decreased from 46.51% to 39.12%. Purchase of finished goods cost rose from 32.06% to 37.52%. Employee cost decreased from 5.45% to 4.59%. Other expenses fell from 10.38% to 9.15%. Other income rose 14.69% to Rs 80.25 crore. PBIDT rose 97.42% to Rs 504.05 crore. Provision for interest fell 3.56% to Rs 9.75 crore. PBDT rose 101.58% to Rs 494.3 crore. Provision for depreciation rose 19.27% to Rs 13.43 crore. Profit before tax grew 105.54% to Rs 480.87 crore. Share of profit/loss was 5.44% higher at Rs -29.35 crore. Provision for tax was expense of Rs 116.52 crore, compared to Rs 73.49 crore. Effective tax rate was 25.81% compared to 36.22%. Minority interest increased 492.31% to Rs 0.77 crore. Net profit attributable to owners of the company increased 158.51% to Rs 334.23 crore. Promoters’ stake was 30.30% as of 30 June 2024 ,compared to 30.30% as of 30 June 2023 .
| Voltas : Consolidated Results | | | Quarter ended | Year ended |
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| Particulars | 202406 | 202306 | Var.(%) | 202403 | 202303 | Var.(%) |
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| Net Sales (including other operating income) | 4,921.02 | 3,359.86 | 46.47 | 12,481.21 | 9,498.77 | 31.40 | | OPM (%) | 8.61 | 5.52 | 310 bps | 3.80 | 6.03 | -222 bps | | OP | 423.80 | 185.35 | 128.65 | 474.62 | 572.37 | -17.08 | | Other Inc. | 80.25 | 69.97 | 14.69 | 253.26 | 168.45 | 50.35 | | PBIDT | 504.05 | 255.32 | 97.42 | 727.88 | 740.82 | -1.75 | | Interest | 9.75 | 10.11 | -3.56 | 55.88 | 29.59 | 88.85 | | PBDT | 494.30 | 245.21 | 101.58 | 672.00 | 711.23 | -5.52 | | Depreciation | 13.43 | 11.26 | 19.27 | 47.59 | 39.62 | 20.12 | | PBT | 480.87 | 233.95 | 105.54 | 624.41 | 671.61 | -7.03 | | Share of Profit/(Loss) from Associates | -29.35 | -31.04 | 5.44 | -138.61 | -120.65 | -14.89 | | PBT before EO | 451.52 | 202.91 | 122.52 | 485.8 | 550.96 | -11.83 | | EO Income | 0 | 0 | - | 0 | -243.82 | - | | PBT after EO | 451.52 | 202.91 | 122.52 | 485.8 | 307.14 | 58.17 | | Taxation | 116.52 | 73.49 | 58.55 | 237.69 | 170.92 | 39.07 | | PAT | 335 | 129.42 | 158.85 | 248.11 | 136.22 | 82.14 | | Minority Interest (MI) | 0.77 | 0.13 | 492.31 | -3.89 | 1.21 | LP | | Net profit | 334.23 | 129.29 | 158.51 | 252 | 135.01 | 86.65 | | P/(L) from discontinued operations net of tax | 0 | 0 | - | 0 | 0 | - | | Net profit after discontinued operations | 334.23 | 129.29 | 158.51 | 252 | 135.01 | 86.65 | | EPS (Rs)* | 10.10 | 3.91 | 158.51 | 7.62 | 8.48 | -10.23 | | | * EPS is on current equity of Rs 33.09 crore, Face value of Rs 1, Excluding extraordinary items. | | # EPS is not annualised | | bps : Basis points | | EO : Extraordinary items | | Figures in Rs crore | | Source: Capitaline Corporate Database |
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| Voltas : Consolidated Segment Results | | | Quarter ended | Year ended |
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| % of (Total) | 202406 | 202306 | Var.(%) | % of (Total) | 202403 | 202303 | Var.(%) |
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| Sales | | Electro Mechanical Projects | 19.32 | 949.13 | 679.06 | 39.77 | 29.63 | 3,683.03 | 2,402.91 | 53.27 | | Engineering Products | 3.27 | 160.78 | 142.31 | 12.98 | 4.73 | 587.91 | 521.96 | 12.64 | | Unitary Cooling Products | 77.40 | 3,802.17 | 2,513.97 | 51.24 | 65.64 | 8,160.48 | 6,474.50 | 26.04 | | Others | 0.00 | 0.00 | 0.00 | - | | Total Reported Sales | 100.00 | 4,912.08 | 3,335.34 | 47.27 | 100.00 | 12,431.42 | 9,399.37 | 32.26 | | Less: Inter segment revenues | | 8.17 | 0.00 | - | | 24.06 | 0.00 | - | | Net Sales | 100.00 | 4,903.91 | 3,335.34 | 47.03 | 100.00 | 12,407.36 | 9,399.37 | 32.00 | | PBIT | | Electro Mechanical Projects | 15.36 | 67.49 | -51.87 | LP | -57.56 | -328.49 | -58.23 | -464.13 | | Engineering Products | 10.21 | 44.84 | 54.12 | -17.15 | 36.05 | 205.70 | 200.72 | 2.48 | | Unitary Cooling Products | 74.43 | 327.02 | 207.34 | 57.72 | 121.52 | 693.46 | 537.83 | 28.94 | | Others | 0.00 | 0.00 | 0.00 | - | | Total PBIT | 100.00 | 439.35 | 209.59 | 109.62 | 100.00 | 570.67 | 680.32 | -16.12 | | Less : Interest | | 9.75 | 10.11 | -3.56 | | 55.88 | 29.59 | 88.85 | | Add: Other un-allcoable | | 21.92 | 3.43 | 539.07 | | -28.99 | -99.77 | 70.94 | | PBIT Margin(%) | | Electro Mechanical Projects | | 7.11 | -7.64 | 1,474.92 | | -8.92 | -2.42 | -649.57 | | Engineering Products | | 27.89 | 38.03 | -1,014.06 | | 34.99 | 38.46 | -346.67 | | Unitary Cooling Products | | 8.60 | 8.25 | 35.34 | | 8.50 | 8.31 | 19.09 | | Others | | 0.00 | 0.00 | 0.00 | | PBT | 100.00 | 451.52 | 202.91 | 122.52 | 100.00 | 485.80 | 550.96 | -11.83 |
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