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Voltas
Voltas (VOLTAS) investor relations material
Voltas Q3 25/26 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 25/26 earnings summary29 Jan, 2026
Executive summary
Leadership in room air conditioners was reinforced by market share gains and strong channel activity, aided by GST rate cuts and pre-buying ahead of BEE star label changes.
Projects business provided stability through consistent execution and a robust order pipeline, despite global volatility and supply chain challenges.
Management focused on regulatory preparedness, disciplined performance, and operational efficiency across all business segments.
Consolidated total income for Q3 FY26 was ₹3,120 crore, down from ₹3,164 crore in Q3 FY25; net profit for the quarter was ₹84 crore, compared to ₹131 crore last year.
For the nine months ended December 2025, consolidated total income was ₹9,552 crore, with net profit at ₹257 crore, both lower than the previous year.
Financial highlights
Q3 total income was INR 3,120 crores, down from INR 3,164 crores year-over-year.
Q3 profit before tax was INR 116 crores (including labour code impact), compared to INR 191 crores in Q3 FY25.
Q3 net profit was INR 84 crores, down from INR 131 crores year-over-year.
Nine-month total income was INR 9,552 crores, versus INR 10,890 crores in the prior year period.
Nine-month net profit was INR 257 crores, compared to INR 599 crores year-over-year.
Outlook and guidance
Management expects sequential recovery in margins and demand, supported by cost optimization, network expansion, and readiness for new BEE efficiency norms.
Price increases are anticipated due to commodity inflation and currency depreciation, with timing and quantum to be dynamically managed.
Focus remains on boosting demand across retail, trade, and institutional channels, and scaling efficiently into the peak season.
Entering the upcoming season with refreshed product lineups, sharper pricing, and cost optimisation.
Management remains focused on strengthening market leadership in cooling, driving product mix improvement, cost discipline, and network expansion.
Qatar litigation: potential financial impact
Q3 PBT decline drivers, beyond Labour Code
UCP margin improvement strategy for upcoming season
Voltbek profitability timeline
Projects business order book health drivers
UCP margin recovery strategy
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Next Voltas earnings date
Q4 25/267 May, 2026
Voltas
Next Voltas earnings date
Q4 25/267 May, 2026
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Frequently asked questions
Voltas Limited is an Indian engineering and manufacturing company specializing in air conditioning and refrigeration products. It operates through segments such as electro-mechanical projects, cooling appliances, and commercial refrigeration. The company also provides engineering solutions for HVAC, water management, and cold chain infrastructure across domestic and international markets. It is headquartered in Mumbai, India, and its shares are listed on the NSE.
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