5005752025-01-012025-03-315005752025-03-315005752024-03-315005752024-04-012025-03-315005752025-01-012025-03-31in-capmkt:OtherExpenses1Member5005752024-04-012025-03-31in-capmkt:OtherExpenses1Member5005752025-01-012025-03-31in-capmkt:ReportableSegments1Member5005752025-01-012025-03-31in-capmkt:ReportableSegments2Member5005752025-01-012025-03-31in-capmkt:ReportableSegments3Member5005752024-04-012025-03-31in-capmkt:ReportableSegments1Member5005752024-04-012025-03-31in-capmkt:ReportableSegments2Member5005752024-04-012025-03-31in-capmkt:ReportableSegments3Member5005752025-01-012025-03-31in-capmkt:ReportableSegments1Member5005752025-01-012025-03-31in-capmkt:ReportableSegments2Member5005752025-01-012025-03-31in-capmkt:ReportableSegments3Member5005752024-04-012025-03-31in-capmkt:ReportableSegments1Member5005752024-04-012025-03-31in-capmkt:ReportableSegments2Member5005752024-04-012025-03-31in-capmkt:ReportableSegments3Member5005752025-01-012025-03-31in-capmkt:ReportableSegments1Member5005752025-03-31in-capmkt:ReportableSegments1Member5005752025-01-012025-03-31in-capmkt:ReportableSegments2Member5005752025-03-31in-capmkt:ReportableSegments2Member5005752025-01-012025-03-31in-capmkt:ReportableSegments3Member5005752025-03-31in-capmkt:ReportableSegments3Member5005752025-01-012025-03-31in-capmkt:ReportableSegments1Member5005752025-03-31in-capmkt:ReportableSegments1Member5005752025-01-012025-03-31in-capmkt:ReportableSegments2Member5005752025-03-31in-capmkt:ReportableSegments2Member5005752025-01-012025-03-31in-capmkt:ReportableSegments3Member5005752025-03-31in-capmkt:ReportableSegments3Member5005752025-01-012025-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15005752024-04-012025-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15005752025-01-012025-03-31AuditorDomain1iso4217:INRiso4217:INRxbrli:shares500575VOLTASNOTLISTEDINE226A01021VOLTAS LIMITEDMain BoardEquity2024-04-012025-03-312025-05-072025-05-01INRCroresQuarterlyFourth quarterMulti segment2025-05-0711:30:002025-05-0715:50:00trueCash Flow IndirectDeclaration of unmodified opinion2025-01-012025-03-31AuditedConsolidated47675600000796900000484725000002423280000010328300000289260000021850000002328000001405000004709100000447211000003751400000037514000001192400000-117600000107480000002676600000000-3197000002356900000-77660000015803000002410250000-533000001638200000-5790000033080000017.287.28007.287.28Notes : <BR> 1) These results have been reviewed by the Board Audit Committee at its Meeting held on 5th May, 2025 and approved by the Board of Directors at its Meeting held on 7th May, 2025. <BR> <BR> 2) The Group had through its Qatar Branch entered into a sub-contract along with a consortium partner with a Main Contractor in the year 2010. The Main Contract between the Ultimate Client and the Main Contractor was terminated by the Ultimate Client closer to the completion of the contract in 2014 citing delays and defects in execution and initiated arbitration proceedings against the Main Contractor for which the final award is pending. Accordingly, the Group had made a comprehensive assessment of the losses arising on account of such termination of the Main contract and cessation of work and accounted for all probable losses on the sub-contract in the earlier years. <BR> <BR> The Group had issued bank guarantees amounting to Rs. 390 crores (QAR 166.6 million) to the Main Contractor which have been disclosed as a contingent liability over the years. In June 2023, the Group was intimated of a request received by the Bank from the Main Contractor for encashment of the said bank guarantees, which due to certain deficiencies was not paid by the Bank to the Main Contractor which led to commencement of legal proceedings. The matter is currently sub-judice and the proceedings are currently ongoing between the Main contractor, the Group and the Bank. As the latest development, all the parties including the Group had filed their respective appeals with the Court of Appeal (Qatar) which has remanded the case matter back to the Court appointed experts to review the objections raised by the respective parties including the bank. The bank guarantee continues to remain unencashed. The Group continues to re-assess its liability under the sub contract at each reporting date and based on such assessment and legal advice obtained from independent counsel, is confident that it has good grounds to defend any claims that may <BR> arise. Accordingly, no further provision has been considered in the financial results. The Group has taken all necessary steps, including legal remedies to safeguard and defend itself and is closely monitoring the developments as they may arise. <BR> <BR> 3) (a) During the year, Voltas Limited executed the Share Purchase Agreements with Universal MEP Projects Pie Limited (UMPPL), a step-down subsidiary of Voltas Limited, for transfer of the Company's investments in its overseas subsidiaries - Weathermaker FZE (Weathermaker) (100%), UAE, Saudi Ensas Company for <BR> Engineering Services W.L.L. (Saudi Ensas), Kingdom of Saudi Arabia (92%) and Lalbuksh Voltas Engineering Services & Trading L.L.C. (Lalvol), Sultanate of Oman (20%) and transfer of shares has been completed. Subsequent to the transfer of these investments, the economic interest of the Voltas Limited in the subsidiary <BR> companies so transferred continues to remain intact. <BR> <BR> (b) The Board of Directors of Voltas Limited at its Meeting held on March 13th, 2025, approved transfer of overseas branches of Voltas Limited at Dubai and Abu Dhabi in UAE to Universal MEP Contracting L.L.C. ('UMCL'), Dubai, UAE, a step-down subsidiary of Voltas Limited on a slump sale basis through Business Transfer Agreements ('BTAs') to be executed between Voltas Limited and UMCL on or before 30th June, 2025. The transaction is expected to be consummated by 30th September 2025 or such other date as mutually agreed between the Voltas Limited and UMCL. <BR> <BR> 4) Figures of the quarter ended 31st March, 2025 and 31st March, 2024 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 <BR> <BR> 5) The Board of Directors have recommended a dividend of Rs. 7/- per share of Rs. 1/- each (700%) for the year 2024-25.2024-04-012025-03-31AuditedConsolidated15412790000032446000001573725000008125960000040169700000-1825400000890070000062110000061780000014461500000144205000000131675000000131675000003692900000-128200000356470000009602800000000-1260000000834280000033800000086808000008413700000-709000008747400000-6660000033080000016480170000025.4325.430025.4325.43Other Expenses4709100000Other Expenses1446150000081982000008235000004394000007231000003400000000206990000026375600000070000023723000002874860000044370000012606000004274100000027148100000398660000025114700000649790000028450000010400000842550000044319600000017311500000887792000000013152020000033080000064801700000651325000002705000006540300000038228000000004153000004238100000952100000583200000028880000060622000004810200000395070000034977400000389281000003647200000473855000009103300000239810000011681000000600550000000066117200000131520200000Segment - A ( Unitary Cooling Products )34584300000Segment - B ( Electro - Mechanical Projects and Services )11375200000Segment - C ( Engineering Products and Services )1320900000Segment - A ( Unitary Cooling Products )106139200000Segment - B ( Electro - Mechanical Projects and Services )41567900000Segment - C ( Engineering Products and Services )569240000047280400000153399500000019500000047280400000153204500000Segment - A ( Unitary Cooling Products )3447700000Segment - B ( Electro - Mechanical Projects and Services )-17300000Segment - C ( Engineering Products and Services )340600000Segment - A ( Unitary Cooling Products )8923000000Segment - B ( Electro - Mechanical Projects and Services )1686400000Segment - C ( Engineering Products and Services )15531000003771000000121625000005525000001881100000-213200000-1626100000343170000011907500000Segment - A ( Unitary Cooling Products )51291100000Segment - B ( Electro - Mechanical Projects and Services )28306700000Segment - C ( Engineering Products and Services )21323000008173010000049790200000131520300000Segment - A ( Unitary Cooling Products )30506600000Segment - B ( Electro - Mechanical Projects and Services )21701700000Segment - C ( Engineering Products and Services )1205100000534134000001270380000066117200000Share of profit/ (loss) of Joint ventures a.nd associates (net of tax) under Segement Results is adjusted against Finance Cost and net amount is reported.621100000-5794200000-19089000000-52497000000-6366000000013997000000-15980000006178000000285700000011323000000-100700000956000009081000000-156020000000-1260000000556000001260000000-1230160000086590000000031070000000-2241100000000001024100000001744000002081800000000000000000000001675000007878000000355560000015794000000000000045358000003035900000142000000181990000053510000000-997100000-1658800000-5200000-166400000081619000006497900000Items that will not be reclassified to profit and loss-946600000-946600000Items that will not be reclassified to profit and loss451600000451600000-12780000094600000-4220000019000000-776600000338000000AuditedtrueS R B C & CO LLPtrue2026-02-28