Voltas Limited — Important, 14-11-2024: Updates

**Company Updates Summary:**

Voltas Limited has reported impressive financial results, marking the highest profit before tax (PBT) in the first half of the fiscal year at ₹657 crore, reflecting a remarkable growth of 128% year-over-year. The profit after tax (PAT) soared 184% to ₹468 crore for H1 FY25 compared to ₹165 crore in H1 FY24. Significant contributions to this growth include a volume increase of 52%, with over 1.3 million air conditioners sold, and a 54% surge in Voltas Beko's home appliances segment.

During the second quarter (Q2 FY25), total income rose 15% to ₹2,725 crore, up from ₹2,364 crore in Q2 FY24. Enhanced performance was noted across segments, particularly in Unitary Cooling Products, which saw revenue grow 45% to ₹5,384 crore for H1 FY25, fueled by a robust volume increase of 56%. Meanwhile, the Engineering Products and Services segment experienced a turnaround in performance.

Overall, the company is positioning itself well for future growth, with a positive outlook driven by strong market demand and a solid order book. Investors should watch closely for the ongoing operational developments and market dynamics.