5005752025-04-012025-06-305005752025-06-305005752025-04-012025-06-30in-capmkt:OtherExpenses1Member5005752025-04-012025-06-30in-capmkt:ReportableSegments1Member5005752025-04-012025-06-30in-capmkt:ReportableSegments2Member5005752025-04-012025-06-30in-capmkt:ReportableSegments1Member5005752025-04-012025-06-30in-capmkt:ReportableSegments2Member5005752025-04-012025-06-30in-capmkt:ReportableSegments1Member5005752025-06-30in-capmkt:ReportableSegments1Member5005752025-04-012025-06-30in-capmkt:ReportableSegments2Member5005752025-06-30in-capmkt:ReportableSegments2Member5005752025-04-012025-06-30in-capmkt:ReportableSegments1Member5005752025-06-30in-capmkt:ReportableSegments1Member5005752025-04-012025-06-30in-capmkt:ReportableSegments2Member5005752025-06-30in-capmkt:ReportableSegments2Member5005752025-04-012025-06-30ItemsThatWillNotBeReclassifiedToProfitAndLoss1iso4217:INRiso4217:INRxbrli:shares500575VOLTASNOTLISTEDINE226A01021VOLTAS LIMITEDMain BoardEquity2025-04-012026-03-312025-08-082025-08-01INRCroresQuarterlyFirst quarterMulti segment2025-08-0811:00:002025-08-0815:30:00Not applicablefalsefalseNot Applicable No default2025-04-012025-06-30UnauditedStandalone308140000001523900000323379000001650720000010684200000-2586200000143910000080200000171300000362430000029920100000241780000002417800000322800000602000003830000000203480000000002034800000411000000244580000033080000016.156.15006.156.151. These results have been reviewed by the Board Audit Committee at Meeting held on 7th August, 2025 and approved by the Board of Directors at its Meeting held on 8th August. 2025. <BR> 2. In the year 2010, the Company through its Qatar Branch had entered into a sub-contract joinUy with a consortium partner, with a Main Contractor, in connection with a project awarded by the Ultimate client. In 201 4, the Main Contract between the Ultimate Client and the Main Contractor was terminated by the Ultimate Client, closer to the completion of the contract, citing delays and defects in execution and 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. <BR> In connection to the sub-contract, the Company had issued bank guarantees amounting to Rs. 392 crores OAR 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 by the Main Contractor and the Company. The matter is currently sub-judice and the proceedings are currently ongoing between the Main Contractor, the Company and the Bank. As per the latest development, all parties including the Company have filed their respective appeals before the Court of Appeal Qatar which has remanded the matter back to the Court appointed Experts for a fresh review of the objections raised by the respective parties including the bank. In the meantime, the bank guarantees issued by the Company in favour of the Main Contractor continue to remain unencashed. The Company continues to re-assess its liability under the sub contract at each reporting date. Based on its ongoing assessment and legal advice obtained from independent counsel, the Company is confident that it has good grounds to defend any claims that may arise. Accordingly, no further provision has been considered in the financial results. The Company has taken all necessary steps, including legal remedies to safeguard and defend itself and is closely monitoring the developments as they may arise. <BR> 3) The Board of Directors of the Company at its Meeting held on 13th 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 TransferAgreements BTAs to be executed between the Company and UMCL. The transaction is expected to be consummated by 31st March 2026 or such other date as mutually agreed between the Company and UMCL. <BR> 4) Figures of the quarter ended 31st March, 2025 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 subjected to limited review by Auditors. <BR> 5) The Statutory Auditors of the Company have conducted a Limited Review of the aforesaid financial results.The ratio is 33.28 times33.28 timesOther Expenses3624300000Segment A - Unitary Cooling Products28678600000Segment B - Electro Mechanical Projects and Services18148000003049340000030493400000Segment A - Unitary Cooling Products1043700000Segment B - Electro Mechanical Projects and Services282900000132660000080200000-11714000002417800000Segment A - Unitary Cooling Products51452300000Segment B - Electro Mechanical Projects and Services77634000005921570000074283500000133499200000Segment A - Unitary Cooling Products34824000000Segment B - Electro Mechanical Projects and Services588290000040706900000902540000049732300000Items that will not be reclassified to profit and loss476500000476500000655000000411000000