ResultsFinancial Express
Voltas Q2 net jumps 53% on air AC growth, but misses estimate
Positive+13Company event
GreyOak summary
Voltas reported a 53.5% year-on-year increase in net profit to Rs 53 crore for Q2 FY27, driven by strong room AC growth. However, the profit missed analyst estimates of Rs 71 crore, while revenue beat expectations at Rs 2,707 crore. The company maintained its market leadership with 32% volume growth in the RAC segment.
What it affects
- VoltasVOLTASPositive +13
Net profit jumped 53% but missed estimates.Rolling sentiment Positive +30
Source
Read the original at Financial ExpressMore Voltas news
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