Voltas Limited — Results, 29-01-2025: Integrated Filing- Financial

The Board of Directors of Voltas Limited has approved the consolidated financial results for the quarter and nine months ended December 31, 2024. Total income for the nine months reached ₹10,890 crores, reflecting a 28% increase, while profit after tax surged 338% to ₹599 crores, marking the highest nine-month profit in the company's history. The company anticipates strong performance momentum, particularly in its Unitary Cooling Products segment, which has achieved a remarkable 42% volume growth.

Additionally, Mr. Pradeep Bakshi, Managing Director & CEO, will not seek reappointment after his term ends in August 2025. Mr. Mukundan Menon has been appointed Managing Director Designate, effective April 1, 2025, positioning him to guide the company's growth and innovation strategies. This leadership transition, combined with the robust financial results, may bolster investor sentiment, reflecting a positive outlook for Voltas's future performance.