| Scrip Code | 500575 |
|---|---|
| NSE Symbol | VOLTAS |
| MSEI Symbol | NOTLISTED |
| ISIN | INE226A01021 |
| Name of company | Voltas Limited |
| Type of company | Main Board |
| Class of security | Equity |
| Date of start of financial year | 01-04-2026 |
| Date of end of financial year | 31-03-2027 |
| Date of board meeting when results were approved | 14-08-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 07-08-2026 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Type | Quarterly |
| Reporting Quarter | First quarter |
| Nature of report standalone or consolidated | Standalone |
| Whether results are audited or unaudited for the quarter ended | Unaudited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | |
| Segment Reporting | Multi segment |
| Description of single segment | |
| Start date and time of board meeting | 14-08-2026 11:00:00 |
| End date and time of board meeting | 14-08-2026 15:35:00 |
| Whether cash flow statement is applicable on company | |
| Type of cash flow statement | |
| Declaration of unmodified opinion or statement on impact of audit qualification | Not applicable |
| Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? | No |
| No. of times funds raised during the quarter | |
| Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? | No |
| Not applicable for the period under review | |
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-04-2026 | 01-04-2026 |
| B | Date of end of reporting period | 30-06-2026 | 30-06-2026 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Standalone | Standalone |
| 1 | Income | ||
| Revenue from operations | 4,00,063.00 | 4,00,063.00 | |
| Other income | 16,473.00 | 16,473.00 | |
| Total income | 4,16,536.00 | 4,16,536.00 | |
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 1,89,481.00 | 1,89,481.00 |
| (b) | Purchases of stock-in-trade | 1,26,975.00 | 1,26,975.00 |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | 2,859.00 | 2,859.00 |
| (d) | Employee benefit expense | 17,269.00 | 17,269.00 |
| (e) | Finance costs | 957.00 | 957.00 |
| (f) | Depreciation, depletion and amortisation expense | 1,988.00 | 1,988.00 |
| (f) | Other Expenses | ||
| 1 | Other Expenses | 43,587.00 | 43,587.00 |
| Total other expenses | 43,587.00 | 43,587.00 | |
| Total expenses | 3,83,116.00 | 3,83,116.00 | |
| 3 | Total profit before exceptional items and tax | 33,420.00 | 33,420.00 |
| 4 | Exceptional items | 0.00 | 0.00 |
| 5 | Total profit before tax | 33,420.00 | 33,420.00 |
| 6 | Tax expense | ||
| 7 | Current tax | 4,926.00 | 4,926.00 |
| 8 | Deferred tax | 447.00 | 447.00 |
| 9 | Total tax expenses | 5,373.00 | 5,373.00 |
| 10 | Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement | 0.00 | 0.00 |
| 11 | Net Profit Loss for the period from continuing operations | 28,047.00 | 28,047.00 |
| 12 | Profit (loss) from discontinued operations before tax | 0.00 | 0.00 |
| 13 | Tax expense of discontinued operations | 0.00 | 0.00 |
| 14 | Net profit (loss) from discontinued operation after tax | 0.00 | 0.00 |
| 15 | Share of profit (loss) of associates and joint ventures accounted for using equity method | 0.00 | 0.00 |
| 16 | Total profit (loss) for period | 28,047.00 | 28,047.00 |
| 17 | Other comprehensive income net of taxes | 18,834.00 | 18,834.00 |
| 18 | Total Comprehensive Income for the period | 46,881.00 | 46,881.00 |
| 19 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | |||
| Total profit or loss, attributable to non-controlling interests | |||
| 20 | Total Comprehensive income for the period attributable to | ||
| Comprehensive income for the period attributable to owners of parent | |||
| Total comprehensive income for the period attributable to owners of parent non-controlling interests | |||
| 21 | Details of equity share capital | ||
| Paid-up equity share capital | 3,308.00 | 3,308.00 | |
| Face value of equity share capital | 1 | 1 | |
| 27 | Details of debt securities | ||
| 22 | Reserves excluding revaluation reserve | ||
| 23 | Earnings per share | ||
| i | Earnings per equity share for continuing operations | ||
| Basic earnings (loss) per share from continuing operations | 8.48 | 8.48 | |
| Diluted earnings (loss) per share from continuing operations | 8.48 | 8.48 | |
| ii | Earnings per equity share for discontinued operations | ||
| Basic earnings (loss) per share from discontinued operations | 0 | 0 | |
| Diluted earnings (loss) per share from discontinued operations | 0 | 0 | |
| ii | Earnings per equity share | ||
| Basic earnings (loss) per share from continuing and discontinued operations | 8.48 | 8.48 | |
| Diluted earnings (loss) per share from continuing and discontinued operations | 8.48 | 8.48 | |
| 24 | Debt equity ratio | ||
| 25 | Debt service coverage ratio | ||
| 26 | Interest service coverage ratio | ||
| 27 | Disclosure of notes on financial results | Textual Information(1) | |
| Textual Information(1) | Notes : 1) These results have been reviewed by the Board Audit Committee at meeting held on 13 August 2026 and approved by the Board of Directors at its Meeting held on 14 August 2026. 2) In 2010 the Company through its Qatar Branch jointly with a Consortium Partner had entered into a sub-contract with the Main Contractor, in connection with a project awarded by the Ultimate Client. In 2014, the main contract between the Ultimate Client and the Main Contractor was terminated by the Ultimate Client owing to delays and defects in execution. The Ultimate Client thereafter initiated arbitration proceedings against the Main Contractor. Accordingly, the Company had made a comprehensive assessment of the losses arising on account of the termination of the main contract and had accounted for all probable losses on the sub-contract in the earlier years. In connection to the sub-contract, the Company had issued bank guarantees amounting tot 432.66 crores (QAR 166.6 million) to the Main Contractor which have been disclosed as a contingent liability in the financial statements over the years. In June 2023, the Company was informed by its bankers that the Main Contractor had sought to invoke the said bank guarantees. However, due to certain deficiencies in the invocation process, the guarantees were not honoured by the Bank, leading to the commencement of legal proceedings. The Company, Main Contractor, Consortium partner and the Bank had filed their respective appeals before the Court of Appeal (Qatar). The Court of Appeal (Qatar) , vide its judgment dated 04 May 2026, directed the Main Contractor to return the bank guarantees issued by the Company and to pay the settlement amount towards variation order claims and compensation to the Company and its Consortium Partner. Pursuant to the said judgement, the bank guarantees have been cancelled by the bank. Subsequently, the Main Contractor has filed an appeal before the Court of Cassation against the order of the Court of Appeal (Qatar) and the matter continues to remain sub--judice. Based on the aforesaid developments, the Company's ongoing assessment of the matter and legal advice obtained from an independent counsel, the Company does not expect any financial impact arising from this matter and remains confident of successfully defending its position on merits. 3) The Board of Directors of the Company at its Meeting held on 13 March 2025, approved transfer of overseas branches of the Company at Dubai and Abu Dhabi in UAE to Universal MEP Contracting L.L.C. ('UMCL'), Dubai, UAE, a step-down subsidiary of the Company on a slump sale basis through Business Transfer Agreements ('BTAs').The BTAs between the Company and UMCL have been executed on 20 August 2025. The transaction is expected to be consummated by 30 September 2026 or such other date as mutually agreed between the Company and UMCL. 4) Figures of the quarter ended 31 March 2026 are the balancing figures between audited figures in respect of the full financial year and the year to date figures upto the third quarter of the relevant financial year which were subject to limited review by auditors. 5) The statutory auditors of the Company have conducted a Limited Review'' of the aforesaid financial results. |
|---|
| Debt equity ratio | |
|---|---|
| Debt service coverage ratio | |
| Interest service coverage ratio |
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |||||
|---|---|---|---|---|---|---|---|
| Date of start of reporting period | 01-04-2026 | 01-04-2026 | |||||
| Date of end of reporting period | 30-06-2026 | 30-06-2026 | |||||
| Whether results are audited or unaudited | Unaudited | Unaudited | |||||
| Nature of report standalone or consolidated | Standalone | Standalone | |||||
| 1 | Segment Revenue (Income) | ||||||
| (net sale/income from each segment should be disclosed) | |||||||
| 1 | Segment - A ( Unitary Cooling Products ) | 3,79,351.00 | 3,79,351.00 | ||||
| 2 | Segment - B ( Electro - Mechanical Projects and Services ) | 16,101.00 | 16,101.00 | ||||
| Total Segment Revenue | 3,95,452.00 | 3,95,452.00 | |||||
| Less: Inter segment revenue | 0.00 | 0.00 | |||||
| Revenue from operations | 3,95,452.00 | 3,95,452.00 | |||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| 1 | Segment - A ( Unitary Cooling Products ) | 20,162.00 | 20,162.00 | ||||
| 2 | Segment - B ( Electro - Mechanical Projects and Services ) | 1,261.00 | 1,261.00 | ||||
| Total Profit before tax | 21,423.00 | 21,423.00 | |||||
| i. Finance cost | 957.00 | 957.00 | |||||
| ii. Other Unallocable Expenditure net off Unallocable income | (12,954.00) | (12,954.00) | |||||
| Profit before tax | 33,420.00 | 33,420.00 | |||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| 1 | Segment - A ( Unitary Cooling Products ) | 5,55,402.00 | 5,55,402.00 | ||||
| 2 | Segment - B ( Electro - Mechanical Projects and Services ) | 86,400.00 | 86,400.00 | ||||
| Total Segment Asset | 6,41,802.00 | 6,41,802.00 | |||||
| Un-allocable Assets | 6,92,326.00 | 6,92,326.00 | |||||
| Net Segment Asset | 13,34,128.00 | 13,34,128.00 | |||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| 1 | Segment - A ( Unitary Cooling Products ) | 3,35,889.00 | 3,35,889.00 | ||||
| 2 | Segment - B ( Electro - Mechanical Projects and Services ) | 66,620.00 | 66,620.00 | ||||
| Total Segment Liabilities | 4,02,509.00 | 4,02,509.00 | |||||
| Un-allocable Liabilities | 1,01,548.00 | 1,01,548.00 | |||||
| Net Segment Liabilities | 5,04,057.00 | 5,04,057.00 | |||||
| Disclosure of notes on segments | |||||||
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-04-2026 | 01-04-2026 |
| B | Date of end of reporting period | 30-06-2026 | 30-06-2026 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Standalone | Standalone |
| Other comprehensive income [Abstract] | |||
| 1 | Amount of items that will not be reclassified to profit and loss | ||
| 1 | Items that will not be reclassified to profit or loss | 21,870.00 | 21,870.00 |
| Total Amount of items that will not be reclassified to profit and loss | 21,870.00 | ||
| 2 | Income tax relating to items that will not be reclassified to profit or loss | 3,036.00 | 3,036.00 |
| 3 | Amount of items that will be reclassified to profit and loss | ||
| Total Amount of items that will be reclassified to profit and loss | |||
| 4 | Income tax relating to items that will be reclassified to profit or loss | 0.00 | 0.00 |
| 5 | Total Other comprehensive income | 18,834.00 | 18,834.00 |