Voltas Reports Q4 Profit Surge to Rs 236 Crore; FY25 Revenue Exceeds Rs 15,000 Crore

Voltas, a provider of air-conditioning and engineering services, announced a significant increase in net profit for the March 2025 quarter. The profit more than doubled to Rs 236 crore, driven by its room air-conditioning business. In the same period of the previous financial year, the Tata group company had recorded a net profit of Rs 111 crore, according to a regulatory filing.

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Voltas' revenue from operations rose by 12.77% to Rs 4,728.04 crore during the March quarter. Total expenses also saw an increase of 10.56%, reaching Rs 4,472.11 crore in the same period. Including other income, the total income grew by 13.85% to Rs 4,847.25 crore.

Annual Financial Performance

For the financial year ending March 2025, Voltas reported a net profit surge of over four times to Rs 834.28 crore. This represents the highest profit ever recorded in the company's history, as stated in their earnings report. The total consolidated income for FY25 was Rs 15,737.25 crore, marking a rise of 23.57%.

The board has proposed a dividend of Rs 7 per share with a face value of Re 1 per share for the fiscal year 2024-25. This recommendation was made during a board meeting held on Wednesday.

Segment Performance and Growth

The unitary cooling product segment maintained its growth trajectory with an overall volume increase of 36% in FY25. Notably, certain categories like air coolers experienced growth exceeding 70%. The electro-mechanical projects and services segment saw revenue climb by 13% to Rs 4,157 crore compared to Rs 3,683 crore in FY24.

Losses in this segment decreased significantly from Rs 108 crore to Rs 2 crore due to better order booking and improved project execution and working capital management.

Challenges in Engineering Products

The engineering products and services segment faced challenges due to macro-economic factors impacting performance across the industry. Revenue for this segment was reported at Rs 569 crore compared to Rs 588 crore in the previous year.

Meanwhile, shares of Voltas closed at Rs 1,244.45 on Wednesday, reflecting an increase of 1.20% from the previous close.

The board's recommendation for a dividend of 700%, equating to Rs 7 per share on a face value of Re.1 per share for FY25, was also noted in a separate filing.

With inputs from PTI