Voltas share price rose by 3.5% during Thursday’s trading session after the air conditioning and engineering services company announced that its net profit more than doubled to ₹236 crore for the quarter ending March 2025. The Tata group firm’s annual revenue surpassed ₹15,000 crore in FY25, driven by its room air conditioning segment. Voltas share price experienced a gap-up opening, but technical analysts noted that there was a lack of follow-up momentum.
The company reported a net profit of ₹111 crore for the January-March quarter of the previous financial year 2023-24, according to a regulatory filing.
Voltas experienced a 12.77% increase in revenue from operations, reaching ₹4,728.04 crore in the March quarter. For the fiscal year ending March 2025, Voltas saw its net profit soar more than four times to ₹834.28 crore.
“This represents the largest profit in the company’s history,” Voltas stated in its earnings announcement. The board of directors proposed a dividend of ₹7 per share of a face value of Re 1 per share for the 2024-25 fiscal year.
