Voltas

Voltas drops on reporting 25% fall in Q3 consolidated net profit

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Voltas is currently trading at Rs. 1176.35, down by 15.85 points or 1.33% from its previous closing of Rs. 1192.20 on the BSE.

Voltas
Voltas

The scrip opened at Rs. 1172.95 and has touched a high and low of Rs. 1182.05 and Rs. 1138.80 respectively. So far 35395 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 1 has touched a 52 week high of Rs. 1356.90 on 19-Oct-2021 and a 52 week low of Rs. 918.00 on 19-Apr-2021. Voltas

Last one week high and low of the scrip stood at Rs. 1249.80 and Rs. 1183.00 respectively. The current market cap of the company is Rs. 38822.71 crore.

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The promoters holding in the company stood at 30.30%, while Institutions and Non-Institutions held 54.39% and 15.32% respectively.

The company has reported a fall of 12.02% in its net profit at Rs 122.64 crore for Q3FY22 as compared to Rs 139.40 crore for the same quarter in the previous year.

Voltas However, total income of the company increased by 0.39% at Rs 1661.77 crore for Q3FY22 as compared Rs 1655.28 crore for the corresponding quarter previous year.

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On the consolidated basis, the company has reported fall of 24.94% in its net profit at Rs 96.56 crore for the quarter under review as compared to Rs 128.64 crore for the same quarter in the previous year.

Total income of the company decreased by 10.94% at Rs 1822.34 crore for Q3FY22 as compared Rs 2046.26 crore for the corresponding quarter previous year.