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Voltas Q2 net profit down 74% on GST hit
Financial Express Mumbai
|November 14, 2025
AIR-CONDITIONING AND engineering services major Voltas on Thursday reported a 74.4% year-on-year decline in its net profit at ₹34 crore for the quarter ended September, missing Street estimates by a wide margin.
Bloomberg consensus estimates had pegged the Q2 net profit at ₹89 crore.
Revenue fell 10.4% year-on-year to ₹2,347 crore in Q2, below the Street estimates of ₹2,462 crore. The company attributed the drop in revenue and profit to a lean summer and GST-led demand deferment in Q2, which hurt retail offtake.
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Voltas Q2 net profit down 74% on GST hit
AIR-CONDITIONING AND engineering services major Voltas on Thursday reported a 74.4% year-on-year decline in its net profit at ₹34 crore for the quarter ended September, missing Street estimates by a wide margin.
1 min
November 14, 2025
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