Voltas Ltd: Q1FY27 results
Voltas Ltd reported revenue of Rs 4,674 cr and net profit of Rs 213 cr for Q1FY27.
Filed 14 Aug 2026, 17:19 IST · after market close · Voltas Ltd (VOLTAS)
Price around the results
What was reported
Voltas Ltd reported revenue of Rs 4,674 cr and net profit of Rs 213 cr for Q1FY27. Figures are consolidated.
How it compares
Revenue changed +18.66% from a year earlier. Against the previous quarter revenue changed -4.38%.
Q1FY27 at a glance
Consolidated figures as filed with NSE — cross-checked against an independent source.
| Line item | Q1FY27 | Q4FY26 | QoQ | YoY |
|---|---|---|---|---|
| Revenue | ₹4,674 cr | ₹4,888 cr | -4.38% | +18.66% |
| Other income | ₹54 cr | ₹7 cr | +715.71% | -3.90% |
| Expenses | ₹4,408 cr | ₹4,667 cr | -5.55% | +17.23% |
| Operating profit | ₹266 cr | ₹221 cr | +20.32% | +48.73% |
| Operating margin (%) | 5.68% | 4.51% | — | — |
| Interest | ₹13 cr | ₹22 cr | -42.57% | -5.76% |
| Depreciation | ₹21 cr | ₹21 cr | +3.50% | +15.38% |
| Profit before tax | ₹285 cr | ₹185 cr | +54.72% | +40.81% |
| Tax | ₹73 cr | ₹71 cr | +2.29% | +17.05% |
| Net profit | ₹213 cr | ₹113 cr | +87.57% | +51.31% |
| EPS (₹) | ₹6.46 | ₹3.51 | +84.05% | +52.00% |
Operating margin of 5.68% compares with a Consumer Discretionary sector median of 12.87% across 180 peers that have reported Q1FY27.
What management said
From the company’s own investor presentation. Each point is checked against the source document before it appears here.
This quarter
- Voltas sold 1 million Room Air Conditioners in 81 days during the quarter.
- Voltbek recorded its highest-ever quarterly sales in both value and volume.
Guidance & outlook
- Commercial Air Conditioning is described as a significant long-term growth opportunity.
- New product introductions are expected to improve Commercial Refrigeration and Air Coolers performance in coming quarters.
- The carry-forward order book provides revenue visibility and supports confidence in the long-term prospects of Projects businesses.
Expansion
- Voltas ramped manufacturing capacity ahead of summer, with Chennai and Pantnagar operating at high utilisation.
- Voltas proposed a 50:50 joint venture with Atomberg to develop and manufacture high-efficiency RAC compressors in India.
New orders
- Domestic Projects secured strategic wins in infrastructure, electronics manufacturing, metro, tunnel and data-centre sectors.
- Segment B's carry-forward order book exceeded ₹6,345 crores as of 30 June 2026.
New products
- Voltas introduced the AI-powered Vertis Split AC series with AI Adaptive Cooling, AI Geo Fencing and AI Energy Manager.
- Voltbek refreshed its Frost Free Refrigerator and Fully Automatic Washing Machine product lineups.
New initiatives
- Voltas initiated a comprehensive cost-optimisation programme covering sourcing, localisation, product design and manufacturing productivity.
- Voltas launched the “True 1.5 TR Cooling Capacity” campaign as an industry-first initiative.
- Voltas expanded and deepened its channel presence across Tier II and Tier III markets and multiple retail channels.
Competition
- Voltas achieved a 17.3% RAC secondary market share and led the nearest competitor by 4 percentage points.
Problems & risks
- Commercial Refrigeration and Air Coolers had muted performance because market uptake slowed after price increases.
- Segment A margins faced commodity inflation and currency depreciation pressures.
- New order booking in International Projects was delayed after the Middle East conflict.
- The Textile Machinery Division operated amid geopolitical uncertainty and cautious industry sentiment.