Voltas
Companies

NCLAT Upholds NCLT Order, Rejects Insolvency Plea Against Voltas

A two-member NCLAT bench upheld the order of NCLT, which earlier rejected the petition on the grounds of a pre-existing dispute

Read More
Companies Finance

Voltas Q2 Profit Slumps 74% Hit By GST Cut, Weak Summer Demand

Voltas reported a 74% drop in Q2 profit as weak summer demand and GST-linked purchase deferrals hit sales, with revenue and margins falling short of estimates.

Read More
Brands Companies Consumer

Voltas Sees 58% Dip In Q1 Net Profit On Unpredictable Weather Conditions

The net profit declined to Rs 140.61 crore in the first quarter of the current fiscal year (Q1FY26) from Rs 335 crore in Q1FY25

Read More
Brands Companies Consumer

Voltas Gets Show Cause Notice From GST Authorities

The company says that it is evaluating this matter and will submit its reply within the prescribed time period

Read More
National News

AC Manufacturers Seek To Cash In On India’s Scorching Summer Forecasts

India Meteorological Department’s (IMD) forecast of a more than longer heatwave this summer, has given a reason to cheer for the air conditioner manufacturers. AC makers in India are ready with their stocks and are also launching a new range of summer appliances for the mass market. Voltas achieved the highest ever AC sales in […]

Read More
Brands Companies News

Voltas Records 35% Growth, Crosses 2 Mn AC Sales Mark

Voltas, a leading player in the residential air conditioner market, has achieved a milestone by surpassing the two million units mark in AC sales during the fiscal year 2023-24. This marks a 35 per cent growth compared to the previous fiscal year, making Voltas the first company in India’s domestic market to achieve this feat […]

Read More
Brands Companies Electronics Finance News

Voltas Net Loss Shrinks To Rs 27.6 Cr, Total Income Up 32% In Q3 FY24

Voltas, a Tata Group-owned consumer appliance firm, recorded a consolidated net loss of Rs 27.60 crore in the third quarter (Q3) ended December 2023, compared to a net loss of Rs 110.49 crore in the same time the previous fiscal year, according to a BSE filing. However, the company’s overall income increased by 31.8 per […]

Read More
Brands Companies Electronics News

Tata Group Mulls Selling Home Appliance Division Of Voltas

Tata Group is considering the possibility of selling the home appliance division of Voltas, due to challenges encountered in expanding this business in a fiercely competitive market. According to sources cited by Bloomberg, the management of Tata Group is currently engaged in discussions regarding this potential sale and has not yet arrived at a decision […]

Read More