5005752026-04-012026-06-305005752026-06-305005752026-04-012026-06-30in-capmkt:OtherExpenses1Member5005752026-04-012026-06-30in-capmkt:ReportableSegments1Member5005752026-04-012026-06-30in-capmkt:ReportableSegments2Member5005752026-04-012026-06-30in-capmkt:ReportableSegments1Member5005752026-04-012026-06-30in-capmkt:ReportableSegments2Member5005752026-04-012026-06-30in-capmkt:ReportableSegments1Member5005752026-06-30in-capmkt:ReportableSegments1Member5005752026-04-012026-06-30in-capmkt:ReportableSegments2Member5005752026-06-30in-capmkt:ReportableSegments2Member5005752026-04-012026-06-30in-capmkt:ReportableSegments1Member5005752026-06-30in-capmkt:ReportableSegments1Member5005752026-04-012026-06-30in-capmkt:ReportableSegments2Member5005752026-06-30in-capmkt:ReportableSegments2Member5005752026-04-012026-06-30ItemsThatWillNotBeReclassifiedToProfitAndLoss1iso4217:INRiso4217:INRxbrli:shares500575VOLTASNOTLISTEDINE226A01021Voltas LimitedMain BoardEquity2026-04-012027-03-312026-08-142026-08-07INRCroresQuarterlyFirst quarterMulti segment2026-08-1411:00:002026-08-1415:35:00Not applicablefalsefalseNot applicable for the period under review <br /> <br /> 2026-04-012026-06-30UnauditedStandalone4000630000016473000004165360000018948100000126975000002859000001726900000957000001988000004358700000383116000003342000000033420000004926000004470000053730000002804700000000028047000001883400000468810000033080000018.488.48008.488.48Notes : <br /> 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. <br /> <br /> 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. <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 30 September 2026 or such other date as mutually agreed between the Company and UMCL. <br /> <br /> 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. <br /> <br /> 5) The statutory auditors of the Company have conducted a "Limited Review'' of the aforesaid financial results. <br /> Other Expenses4358700000Segment - A ( Unitary Cooling Products )37935100000Segment - B ( Electro - Mechanical Projects and Services )161010000039545200000039545200000Segment - A ( Unitary Cooling Products )2016200000Segment - B ( Electro - Mechanical Projects and Services )126100000214230000095700000-12954000003342000000Segment - A ( Unitary Cooling Products )55540200000Segment - B ( Electro - Mechanical Projects and Services )86400000006418020000069232600000133412800000Segment - A ( Unitary Cooling Products )33588900000Segment - B ( Electro - Mechanical Projects and Services )6662000000402509000001015480000050405700000Items that will not be reclassified to profit or loss2187000000218700000030360000001883400000