VOLTAS Voltas Q2 FY26 results (Jul–Sep 2025) and concall
Voltas reported a challenging Q2 FY26 with significant declines in revenue and net profit, primarily due to cyclical factors and demand deferment in the cooling segment. Despite headwinds, the company gained market share in UCP and saw strong performance in its EMPS and Voltbek segments. Management anticipates a strong recovery in H2 FY26 driven by GST reduction and new BEE efficiency norms, with strategic investments positioning the company for future growth.
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What they filed
Q2 FY26: revenue down 10.4%, net profit down 75.9% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|
| Revenue | 2,619 | 3,105 | 4,768 | 3,939 | 2,347 −10% |
| EBITDA | 130 | 165 | 301 | 153 | 34 −74% |
| Net profit | 133 | 131 | 236 | 141 | 32 −76% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.





