Voltas Net Profit Jumps 51.4% in September Quarter of FY27

Voltas posts 51.4% jump in net profit as room AC sales surge

Voltas Ltd reported a consolidated net profit of Rs 47.71 crore for the September quarter of FY27, marking a 51.4 per cent increase compared to the same period a year earlier. The cooling solutions provider posted a net profit of Rs 31.5 crore in the July-September period of the previous fiscal year, the company said in a regulatory filing.

Revenue from operations grew 15.3 per cent to Rs 2,706.57 crore during the quarter under review, up from Rs 2,347.32 crore in the corresponding period a year ago. Total income rose 13.85 per cent to Rs 2,746.08 crore, while total expenses increased 13 per cent year-on-year to reach Rs 2,622.05 crore.

Unitary cooling drives revenue growth as market share holds steady

The company’s Unitary Cooling Products segment, which covers its room air conditioner business, generated revenue of Rs 1,566.79 crore, representing a 29 per cent jump from Rs 1,215.13 crore in the preceding fiscal’s second quarter. Voltas stated that the performance was driven primarily by the room air conditioner business materially outperforming the broader industry.

Voltas maintained its position as India’s top room air conditioning brand, holding a market share of 17.4 per cent for the year-to-date period ended September 2026. The company sustained a 4.2 per cent lead over its nearest competitor.

Managing Director Mukundan Menon C P said that Q2 FY27 reflects continued progress across businesses, led by the room air conditioner segment recording 32 per cent volume growth during the quarter.

Electro-mechanical projects revenue drops despite strong order book

Revenue from the Electro-Mechanical Projects and Services segment fell 15.5 per cent to Rs 816.39 crore during the second quarter of FY27. Despite the revenue decline, the segment maintained order momentum across infrastructure, industrial, and institutional projects.

Domestic project wins included industrial infrastructure, electronics manufacturing, metro and tunnel projects, and data centres. Total pending orders for the segment surpassed Rs 6,800 crore as of September 30, 2026, securing steady project inflows for both overseas and domestic operations.

Meanwhile, the Engineering Products and Services division grew 33.32 per cent to Rs 185.39 crore, supported by performance in mining and construction equipment along with textile machinery.

Voltbek home appliances expand market presence

Voltbek Home Appliances, a joint venture between Voltas and Turkish firm Arcelik, delivered another quarter of growth and achieved record second-quarter sales. The expansion was supported by an improving product mix, market share gains, and a wider distribution network.

In terms of market penetration so far this year, the partnership achieved 8.8 per cent share in the washing machine category alongside 7 per cent in refrigerators. Voltbek widened its scale by introducing a new lineup of frost-free refrigerators and fully automatic washing machines.

For the first half of FY27, total consolidated income climbed to Rs 7,510.82 crore from Rs 6,432.58 crore in the previous year’s corresponding period. Following the financial disclosure, shares of Voltas Ltd settled down 2.43 per cent at Rs 1,096 on the BSE.