Voltas Q4 FY26 results (Jan–Mar 2026) and concall

Consumer Durables · Concall AI · Call held 14 May 2026

Company page: Voltas share price, financials & guidance record

Voltas reported a mixed Q4 FY26, with consolidated total income showing modest growth but significant declines in PBT and Net Profit, largely due to margin compression in the Unitary Cooling Products segment. Despite these challenges, the company saw strong sales momentum in March 2026, a healthy order book in Electro-Mechanical Projects, and improved channel inventory. Management highlighted ongoing cost reduction efforts and strategic investments in capacity and product innovation to drive future growth and margin recovery.

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What they filed

Q4 FY26: revenue up 2.5%, net profit down 52.1% against the same quarter last year.

₹ Cr · quarterly

Line item	Q2 FY25	Q3 FY25	Q4 FY25	Q1 FY26	Q2 FY26	Q3 FY26	Q4 FY26
Revenue	2,619	3,105	4,768	3,939	2,347 −10%	3,071 −1%	4,888 +3%
Expenses	2,489	2,940	4,467	3,786	2,313	2,926	4,703
EBITDA	130	165	301	153	34 −74%	145 −12%	185 −39%
Margin	5%	5%	6%	4%	1%	5%	4%
Other income	105	59	80	82	65	22	43
Interest	14	16	23	14	20	31	22
Depreciation	16	18	14	18	24	21	21
Profit before tax	205	191	343	203	54 −74%	116 −39%	184 −46%
Tax rate	35%	31%	31%	31%	42%	27%	39%
Net profit	133	131	236	141	32 −76%	84 −36%	113 −52%
EPS	4.05	3.99	7.28	4.24	1.04	2.57	3.51

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.

What they filed

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