5005752025-10-012025-12-315005752025-12-315005752025-04-012025-12-315005752025-10-012025-12-31in-capmkt:OtherExpenses1Member5005752025-04-012025-12-31in-capmkt:OtherExpenses1Member5005752025-10-012025-12-31in-capmkt:ReportableSegments1Member5005752025-10-012025-12-31in-capmkt:ReportableSegments2Member5005752025-10-012025-12-31in-capmkt:ReportableSegments3Member5005752025-04-012025-12-31in-capmkt:ReportableSegments1Member5005752025-04-012025-12-31in-capmkt:ReportableSegments2Member5005752025-04-012025-12-31in-capmkt:ReportableSegments3Member5005752025-10-012025-12-31in-capmkt:ReportableSegments1Member5005752025-10-012025-12-31in-capmkt:ReportableSegments2Member5005752025-10-012025-12-31in-capmkt:ReportableSegments3Member5005752025-04-012025-12-31in-capmkt:ReportableSegments1Member5005752025-04-012025-12-31in-capmkt:ReportableSegments2Member5005752025-04-012025-12-31in-capmkt:ReportableSegments3Member5005752025-10-012025-12-31in-capmkt:ReportableSegments1Member5005752025-12-31in-capmkt:ReportableSegments1Member5005752025-10-012025-12-31in-capmkt:ReportableSegments2Member5005752025-12-31in-capmkt:ReportableSegments2Member5005752025-10-012025-12-31in-capmkt:ReportableSegments3Member5005752025-12-31in-capmkt:ReportableSegments3Member5005752025-10-012025-12-31in-capmkt:ReportableSegments1Member5005752025-12-31in-capmkt:ReportableSegments1Member5005752025-10-012025-12-31in-capmkt:ReportableSegments2Member5005752025-12-31in-capmkt:ReportableSegments2Member5005752025-10-012025-12-31in-capmkt:ReportableSegments3Member5005752025-12-31in-capmkt:ReportableSegments3Member5005752025-10-012025-12-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15005752025-04-012025-12-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15005752025-10-012025-12-31ItemsThatWillBeReclassifiedToProfitAndLoss15005752025-04-012025-12-31ItemsThatWillBeReclassifiedToProfitAndLoss1iso4217:INRiso4217:INRxbrli:shares500575VOLTASNOTLISTEDINE226A01021Voltas LimitedMain BoardEquity2025-04-012026-03-312026-01-292026-01-22INRCroresQuarterlyThird quarterMulti segment2026-01-2911:00:002026-01-2916:00:00Not applicable2025-10-012025-12-31UnauditedConsolidated307077000004884000003119610000017279000000542140000074140000022464000003109000002062000003246600000294519000001744200000-2649000001479300000380900000-6780000031310000001166200000000-3216000008446000002814000001126000000849500000-49000001127800000-180000033080000012.572.57002.572.571) These results have been reviewed by the Board Audit Committee at Meeting held on 28 January 2026 and approved by the Board of Directors at its Meeting held on 29 January 2026. <BR> <BR> 2) In the year 2010, the Group through its Qatar Branch had entered into a sub-contract jointly with a Consortium Partner, with a 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, closer to the completion of the contract, citing delays and defects in execution and initiated arbitration proceedings against the Main Contractor. Accordingly, the Group 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> <BR> In connection to the sub-contract, the Group had issued bank guarantees amounting to Rs 410 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 Group 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 Group. The matter is currently sub-judice and the proceedings are currently ongoing between the Main Contractor, the Group, the Consortium Partner and the Bank. All parties including the Group have filed their respective appeals before the Court of Appeal (Qatar). As per the latest developments, the Court of Appeal (Qatar) has appointed a new panel of experts for fresh and independent assessment of the claims of the respective parties setting aside the finding report of earlier appointed panel of experts. The new panel of experts is yet to submit its report and the final hearing before the Court of Appeal (Qatar) remains pending. In the meantime, the bank guarantee issued by the Group in favour of the Main Contractor continues to remain un-encashed. The Group continues to re-assess its liability under the sub - contract at each reporting date. Based on its ongoing assessment and legal advice obtained from an independent counsel, the Group is confident that it has good grounds to succeed in the matter and defend any claims that may 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) 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 31 March 2026 or such other date as mutually agreed between the Company and UMCL. This transaction has no impact on consolidated results. <BR> <BR> 4) On 21 November 2025, the Government of India notified the four new Labour Codes (the Code on Wages, 2019, the Code on Social Security, 2020, the Industrial Relations Code, 2020 and the Occupational Safety, Health and Working Conditions Code, 2020) consolidating 29 labour laws. The Group has done a preliminary assessment and considered an impact of the changes and accordingly accounted additional expense of Rs. 26.49 crore towards gratuity and leave liabilities. Considering the impact is non-recurring in nature and is on account of regulatory changes, it has been presented as “Exceptional Items” in the financial results for the quarter and nine months period ended 31 December 2025. The Group continues to monitor the finalisation of the Central/State Rules and clarifications from the Government on other aspects of the Labour Codes and finalise the impact on the financial results including that of sub contractor liabilities as and when such clarifications are issued/rules are notified. <BR> <BR> 5)The Statutory Auditors of the Company have conducted a "Limited Review" of the aforesaid financial results.2025-04-012025-12-31UnauditedConsolidated935667000001955200000955219000005621070000019252200000-3580600000695910000064580000063510000010463000000905853000004936600000-2649000004671700000107290000087500000116040000003511300000000-9456000002565700000-58350000019822000002597000000-313000002001400000-1920000033080000017.857.85007.857.85Other Expenses3246600000Other Expenses10463000000Segment A - Unitary Cooling Products19242000000Segment B - Electro-Mechanical Projects and Services9741800000Segment C - Engineering Products & Services1565700000Segment A - Unitary Cooling Products60071900000Segment B - Electro-Mechanical Projects and Services28621800000Segment C - Engineering Products & Services43106000003054950000093004300000218000002098000003052770000092794500000Segment A - Unitary Cooling Products725700000Segment B - Electro-Mechanical Projects and Services817100000Segment C - Engineering Products & Services367900000Segment A - Unitary Cooling Products1311400000Segment B - Electro-Mechanical Projects and Services2229900000Segment C - Engineering Products & Services12082000001910700000474950000031090000064580000044210000037760000011577000003726100000Segment A - Unitary Cooling Products53180900000Segment B - Electro-Mechanical Projects and Services30853900000Segment C - Engineering Products & Services23207000008635550000043695100000130050600000Segment A - Unitary Cooling Products21387500000Segment B - Electro-Mechanical Projects and Services21798200000Segment C - Engineering Products & Services1370900000445566000002043190000064988500000Items that are not to be reclassified to Profit and Loss303600000303600000Items that are not to be reclassified to Profit and Loss-590700000-59070000043800000-84300000Items that will be reclassified to profit and loss2160000021600000Items that will be reclassified to profit and loss-77100000-7710000000281400000-583500000