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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 Q3 was driven by recovery in room air conditioners and steady performance in other verticals, despite global volatility and supply chain challenges.
The Room Air Conditioner business anchored performance, supported by GST rate reduction and proactive channel buying.
Focus remained on market leadership in cooling, regulatory preparedness, and disciplined execution across businesses.
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 3,130 crores, down from INR 3,164 crores year-over-year.
Q3 profit before tax was INR 116 crores (vs. INR 191 crores last year), net profit at INR 84 crores (vs. INR 131 crores last year).
Nine-month total income was INR 9,552 crores (vs. INR 10,890 crores), with net profit at INR 257 crores (vs. INR 599 crores).
Q3 FY26 consolidated profit before tax (PBT) was ₹116 crore, after accounting for a ₹26 crore non-recurring labour code expense.
Standalone Q3 FY26 net profit was ₹48 crore, with total income of ₹2,282 crore.
Outlook and guidance
Management expects sequential recovery, driven by mix improvement, cost optimization, and network expansion.
Fully aligned for new BEE efficiency norms, with refreshed product lineups and calibrated pricing.
Focus on boosting demand across retail, trade, and institutional channels, and optimizing resources for the upcoming season.
Qatar litigation: potential financial impact
Q3 PBT decline drivers, beyond Labour Code
UCP margin improvement strategy for upcoming season
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Next Voltas earnings date
Q4 25/266 May, 2026
Voltas
Next Voltas earnings date
Q4 25/266 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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