Voltas Legal & Regulatory
Voltas received a Show Cause Notice from State Tax authorities alleging wrongful Input Tax Credit and short tax payment for FY 2022-23.
- Value
- ₹30.22 Cr
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8 announcements
Voltas received a Show Cause Notice from State Tax authorities alleging wrongful Input Tax Credit and short tax payment for FY 2022-23.
Voltas outperformed competition with 45% RAC volume growth, yet margins remain a major concern as input cost inflation and West Asia instability offset high-season gains.
Voltas reported strong Q1 FY27 results with consolidated revenue of ₹4,765 crores and net profit of ₹213 crores. Performance was driven by record RAC sales and market share expansion to 17.3%.
Voltas Ltd reported revenue from operations of ₹4,674 Cr (+18.7% YoY) and net profit of ₹212.8 Cr (+51.4% YoY) for Q1 FY27.
Voltas reported Q4 FY26 consolidated total income of ₹4,930 cr with PAT of ₹113 cr, focusing on market leadership in cooling and structural transformation.
Voltas maintained cooling leadership but faces significant margin compression due to commodity inflation and currency devaluation. Management is pivoting toward volume and gross margin quantum over percentage targets.
Voltas reported a 1.7% YoY Q4 revenue increase with a progressive recovery in cooling, despite sharp declines in net profit and margins due to commodity inflation and currency volatility.
Voltas Ltd reported revenue from operations of ₹4,888 Cr (+2.5% YoY) and net profit of ₹113.4 Cr (-51.9% YoY) for Q4 FY26.