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Voltas Q1 Results with Revenue of ₹4,912.08 Crores & Profit (Before Tax) ₹451.52 Crores
Voltas Q1 Results 2024-2025 announced that they improved financial performance with a notable rise in profit and achieved a total revenue of ₹4,912.08 crores, up from the previous quarter.
by Ruksana
Updated Aug 12, 2024
Table of Content
Voltas showed mixed financial results for the first quarter of 2024-2025. The company reported significant revenues from different segments, including Unitary Cooling Products, Electro-Mechanical Projects and Services, and Engineering Products and Services. The total revenue for the quarter was ₹4,912.08 crores, which is an increase compared to the previous quarter's ₹4,209.38 crores. After adjusting for inter-segment revenue, the income from operations was ₹4,903.91 crores.
Voltas' results for each segment were varied. Segment A (Unitary Cooling Products) had a revenue of ₹3,802.17 crores, Segment B (Electro-Mechanical Projects and Services) brought in ₹949.13 crores, and Segment C (Engineering Products and Services) contributed ₹160.78 crores.
Voltas' total profit before tax for the quarter was ₹451.52 crores, up from ₹174.08 crores in the previous quarter. However, this profit was affected by finance costs, losses from joint ventures, and other unallowable expenses.
Voltas' Assets and liabilities also saw changes. The total assets for the quarter were ₹12,250.40 crores, while total liabilities were ₹5,975.81 crores. Segment A's assets were ₹3,235.90 crores, Segment B's assets were ₹2,397.98 crores and Segment C's assets were ₹191.03 crores.
Source: Here
Voltas Q1 Results 2024-2025
This table summarizes the key financial results for Voltas in Q1 2024-2025, showing the revenue, results, assets, and liabilities across different segments.
(Figures in Crores)
Category |
Quarter ended 30.06.2024 |
Quarter ended 31.03.2024 |
Segment Revenue (in crores) |
||
Segment A (Unitary Cooling Products) |
3802.17 |
2955.12 |
Segment B (Electro-Mechanical Projects and Services) |
949.13 |
1097.90 |
Segment C (Engineering Products and Services) |
160.78 |
156.36 |
Gross Turnover |
4912.08 |
4209.38 |
Less: Inter-segment Revenue |
8.17 |
17.08 |
Income from Operations |
4903.91 |
4192.30 |
Segment Results (in crores) |
||
Segment A |
327.02 |
270.44 |
Segment B |
67.49 |
-107.69 |
Segment C |
44.84 |
47.79 |
Total |
439.35 |
210.54 |
Finance Cost |
(9.75) |
(20.79) |
Share of Profit/(Loss) of Joint Ventures and Associates |
(29.35) |
(38.32) |
Other Unallocable Expenditure Net of Unallocable Income |
51.27 |
22.65 |
Profit Before Tax |
451.52 |
174.08 |
Segment Assets (in crores) |
||
Segment A |
3235.90 |
4332.09 |
Segment B |
2397.98 |
2247.69 |
Segment C |
191.03 |
196.82 |
Unallocated |
6425.49 |
5259.12 |
Total Segment Assets |
12250.40 |
12035.72 |
Segment Liabilities (in crores) |
||
Segment A |
2824.22 |
2925.99 |
Segment B |
1975.19 |
2056.36 |
Segment C |
127.21 |
134.00 |
Unallocated |
1049.19 |
1065.16 |
Total Segment Liabilities |
5975.81 |
6181.51 |
Voltas Financial Summary
Voltas' financial details show its market value is ₹51,155 Crore, and the current stock price is ₹1,546. The highest price was ₹1,570, and the lowest was ₹794.
The Price-to-Earnings (P/E) ratio is 206, meaning investors pay 206 times the company's earnings per share. The book value of the stock is ₹176, and the dividend yield is 0.37%, indicating a small return for shareholders.
Here’s the information:
Metric |
Value |
Market Cap |
₹51,155 Cr. |
Current Price |
₹1,546 |
High / Low |
₹1,570 / ₹794 |
Stock P/E Ratio |
206 |
Book Value |
₹176 |
Dividend Yield |
0.37% |
ROCE |
8.51% |
ROE |
4.40% |
Face Value |
₹1.00 |
Quarterly Results
Voltas financial results table shows over three periods. Sales grew from 2,626 in December 2023 to 4,921 in June 2024. Expenses also increased but not as much as sales, leading to a better Operating Profit, which went from a loss of -8 to a profit of 394. The Operating Profit Margin (OPM %) improved from -0% to 8%.
Here's a summary of the financial results for the periods ending in December 2023, March 2024, and June 2024:
Particulars |
Dec 2023 |
Mar 2024 |
Jun 2024 |
Sales |
2,626 |
4,203 |
4,921 |
Expenses |
2,633 |
4,051 |
4,527 |
Operating Profit |
-8 |
152 |
394 |
OPM % |
-0% |
4% |
8% |
Other Income |
58 |
54 |
80 |
Interest |
14 |
21 |
10 |
Depreciation |
13 |
12 |
13 |
Profit before Tax |
24 |
174 |
452 |
Tax % |
216% |
36% |
26% |
Net Profit |
-28 |
111 |
335 |
EPS in Rs |
-0.92 |
3.52 |
10.10 |
About Voltas
Voltas, established in 1954, is a well-known company in India and is part of the Tata Group, a major multinational corporation. Voltas is a public company that operates in over 100 countries worldwide. It is renowned for its high-quality products and offers a wide range of cooling and home appliances.
This includes air conditioners, coolers, air purifiers, refrigerators, washing machines, water dispensers, water coolers, dishwashers, microwaves, water heaters, commercial refrigeration, and AC stabilizers.
Voltas is the largest air conditioning company in India. In fact, one out of every four room air conditioners and one out of every three commercial refrigerators sold in India is a Voltas product. The company has received the National Energy Conservation Award from the Ministry of Power, Government of India, five times over the past decade. In 2024, Voltas was named "India's Most Trusted Brand" by TRA's Brand Trust Report.
Voltas Q1 Results - FAQ
1. What is Voltas' total revenue for Q1 2024-2025?
Voltas' total revenue is ₹4,912.08 crores.
2. How much did Voltas earn from Unitary Cooling Products in Q1 2024-2025?
Voltas earned ₹3,802.17 crores from Unitary Cooling Products.
3. What was Voltas' profit before tax for Q1 2024-2025?
Voltas' profit before tax was ₹451.52 crores.
4. How much did Voltas' assets total in Q1 2024-2025?
Voltas' total assets were ₹12,250.40 crores.
5. What are the liabilities of Voltas for Q1 2024-2025?
Voltas' total liabilities were ₹5,975.81 crores.
6. How much did Voltas' Segment B earn in Q1 2024-2025?
Voltas' Segment B earned ₹949.13 crores.
7. What was Voltas' gross turnover in the latest quarter?
Voltas' gross turnover was ₹4,912.08 crores.
8. What is the P/E ratio for Voltas?
Voltas' P/E ratio is 206.
9. How much did Voltas' Segment C contribute to revenue?
Voltas' Segment C contributed ₹160.78 crores.
10. What was Voltas' operating profit in June 2024?
Voltas' operating profit was ₹394 crores.