Q2 FY27: consolidated income up 13.8% to ₹2,746 Cr; PAT ₹48 Cr (vs ₹32 Cr) on RAC volume +32%. Margins pressured by commodity and currency costs; management defers recovery to Q3-Q4 without quantified guidance.
Voltas Limited's board approved Deloitte Haskins & Sells as statutory auditors for five years from the 73rd AGM, replacing SRBC & Co. LLP, whose second and final term ends at that AGM. Subject to shareholder approval.
Execution
Five years: financial years 2027-28 to 2031-32 (from the 73rd AGM in 2027 to the 78th AGM in 2032)
Voltas Limited's board approved changes in leadership: Noel Tata retires as Chairman, Sunil D'Souza becomes Chairman, and Jayant Balan is named future MD. Venkatesalu Palaniswamy joins as a non-independent director.
Voltas has scheduled its Board of Directors meeting for 6 November 2026 to approve Q2 FY27 standalone and consolidated financial results. No financial figures or other decisions are disclosed in this advance notice.
Voltas Limited received an order from GST authorities dropping the previously reported tax demand of ₹30.22 crores. The company has been granted complete relief.
Voltas announced that Qatar's Court of Cassation dismissed an appeal filed by OHL&C. This ruling reinforces the previous order requiring OHL&C to pay outstanding dues.
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 has entered into a binding term sheet with Atomberg Innovation Private Limited to establish an equal joint venture for manufacturing room air conditioner compressors.
Voltas Limited has scheduled a board meeting on 14 August 2026 to consider and approve its standalone and consolidated unaudited financial results for the June 2026 quarter.
Voltas Ltd announces the retirement of Mr. Jogesh Jaitly, Head Sales, Unitary Products Business, and the appointment of Mr. Karan Sehgal as his successor.
Voltas Ltd has filed its quarterly shareholding pattern for the period ending June 30, 2026. The report details the current distribution of promoter and public shareholdings.
Voltas Limited released its Business Responsibility and Sustainability Report for FY 2025-26. The document details the company's ESG performance, safety management, and sustainability commitments.
Voltas Limited has issued a notice for its 72nd AGM scheduled for June 30, 2026. Key agenda items include dividend declaration and director appointments.
Voltas Limited has dispatched its Annual Report for FY 2025-26 and the 72nd AGM notice. The meeting is scheduled for June 30, 2026, via video conferencing.
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 Limited appointed Mr. Sunil Alaric D'Souza as an Additional Director. He currently serves as Managing Director and CEO of Tata Consumer Products Limited.