BSECompany Update3d ago · 6 Nov 2026, 05:47 pm
Please find enclosed herewith Press Release.
Voltas Ltd · 500575
✦ AI Summary▲ PositiveResults
Voltas Ltd reported its unaudited financial results for Q2 FY27, with a 29% revenue growth in the Unitary Cooling Products business, driven by the Room Air Conditioner business. The Company maintained its No. 1 position in the Indian RAC market, with a 17.4% market share for the year to date ended September 2026. Profit Before Tax (PBT) was ₹83 crores, compared to ₹54 crores in Q2 FY26, and Profit After Tax (PAT) was ₹48 crores, compared to ₹32 crores last year.
Analysis Scores
Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact9/10
Market Sentiment9/10
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Voltas Ltd - 500575 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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6th November, 2026
BSE Limited National Stock Exchange of India Limited
Department of Corporate Services Listing Department
Phiroze Jeejeebhoy Towers Exchange Plaza
Dalal Street Bandra-Kurla Complex
Mumbai 400 001 Bandra (East), Mumbai 400 051
Scrip Code: 500575 NSE Symbol: VOLTAS
Dear Sirs,
Sub: Outcome of Board Meeting - Unaudited Financial Results for the quarter and half year
ended 30th September, 2026
Dear Sirs,
The Board of Directors at its Meeting held today, i.e., 6th November, 2026, inter alia, approved
the Unaudited Standalone and Consolidated Financial Results of the Company for quarter and half year
ended 30th September, 2026.
The signed Financial Results along with the Limited Review Reports issued by the Statutory Auditors
are enclosed. A copy of the Press Release is also enclosed.
The above information will also be made available on the website of the Company at www.voltas.in.
The Board Meeting commenced at 11.00 a.m. and concluded at 4.15 p.m.
Thanking you
Yours faithfully,
For Voltas Limited
Ratnesh Rukhariyar
Company Secretary & Compliance Officer
Encl.: a/a
Corporate Management Office
Registered Office Voltas House 'A’ Dr Babasaheb Ambedkar Road Chinchpokli Mumbai 400 033 India
Tel 91 22 66656290 66656258 e-mail shareservices@voltas.com website www.voltas.in
Corporate Identity Number L29308MH1954PLC009371
Voltas Delivers Steady Q2 FY27 Performance, on the back of market leadership and Execution Excellence
Mumbai, 6 November 2026: The Board of Directors of Voltas Limited, India's No. 1 Air Conditioning brand from
the Tata Group, announced the consolidated financial results (including the consolidated segment report) of the
Company for the quarter ended 30 September 2026.
Voltas continued to reinforce its leadership in the Indian Room Air Conditioner (RAC) market during Q2 FY27, with
the RAC business recording 32% volume growth during the quarter. The Company maintained its No. 1 position in
the industry, achieving a market share of 17.4% for the year to date ended September 2026, with a 4.2% lead over
its nearest competitor. The performance reflects the continued strength of the Voltas brand, its product portfolio,
extensive distribution network and sustained focus on market execution.
The Unitary Cooling Products business recorded 29% revenue growth during the quarter, led by RAC, while
improving profitability despite commodity and currency related cost pressures. Voltbek continued to expand its
presence in the home appliances market, achieving record Q2 sales and further strengthening its market position
in Washing Machines and Refrigerators.
The Electro-Mechanical Projects and Services business maintained order momentum, supported by an order pad
exceeding ₹6,800 crore, providing revenue visibility. The Engineering Products and Services segment registered
30+% growth, supported by Mining and Construction Equipment and Textile Machinery.
Across its businesses, Voltas continued to focus on market competitiveness, product innovation, distribution
expansion, cost optimisation and disciplined execution, while strengthening the foundations for sustainable and
profitable growth.
Consolidated Results for the quarter ended 30th September,2026:
For the quarter ended 30th September,2026, Voltas recorded Consolidated Total Income of ₹ 2,746 crores,
compared to ₹ 2,412 crores in the same period last year. Profit Before Tax of ₹ 83 crores vs ₹ 54 crores in Q2 FY26.
Profit After Tax of ₹ 48 crores compared to ₹ 32 crores last year.
Q2 FY27 Q2 FY26 6 Months FY27 6 Months FY26
₹ Crores ₹ Crores ₹ Crores ₹ Crores
Total Income 2,746 2,412 7,511 6,433
Profit before tax (PBT) 83 54 368 257
Profit after tax (PAT) 48 32 260 172
Voltas Classification | Public
Segment Revenue and Results for the quarter ended 30th September, 2026:
Revenue Results
Q2 FY27 6 Months FY27 Q2 FY27 6 Months FY27
₹ Crores ₹ Crores ₹ Crores ₹ Crores
A - Unitary Cooling Products 1,567 5,360 20 221
B - Electro-Mechanical Projects and Services 816 1,488 75 113
C - Engineering Products and Services 185 344 53 94
Consolidated Segment Results for the quarter and year ended 30th September 2026:
A. Unitary Cooling Products (UCP)
The Unitary Cooling Products business recorded 29% revenue growth in Q2 FY27, driven primarily by the Room
Air Conditioner business which materially outperformed the broader industry.
Voltas continued to consolidate its position as India's No. 1 Room Air Conditioning brand, maintaining a market
share of 17.4% for the year to date ended September 2026. The Company sustained a 4.2% lead over its
nearest competitor, reflecting its established market presence, consumer preference and distribution
strength.
The performance was supported by the Company's comprehensive product portfolio, continued product
innovation, effective channel engagement and an expanding distribution footprint. Voltas maintained its focus
on addressing evolving consumer preferences through relevant product offerings, technology enhancements
through its new AI range of split ACs and greater accessibility across markets.
The Company's leadership in RAC continues to be supported by its extensive distribution and service network,
brand recall and sustained investment in product development and consumer engagement. These capabilities
remain central to its strategy of consolidating market leadership while expanding its presence across
geographies and consumer segments.
Commercial Air Conditioning continued to deliver stable growth, while Home Comfort products registered
healthy growth during the quarter. Commercial Refrigeration recorded a flat quarter.
Despite industry wide pressures arising from commodity inflation and adverse currency movements, the
Unitary Cooling Products business improved profitability through calibrated pricing actions and ongoing cost
optimisation initiatives. These included localisation, sourcing efficiencies, product redesign and improvements
in manufacturing productivity.
The business remains focused on sustaining its competitive position, strengthening product differentiation,
expanding distribution reach and improving operating efficiencies. With a comprehensive product portfolio,
healthy inventory position and expanding market presence, Voltas continues to pursue opportunities for
market expansion and profitable growth.
Voltas Classification | Public
Voltbek: Continued Expansion in Home Appliances
Voltbek delivered another quarter of growth, achieving record Q2 sales, supported by an improving product
mix, market share gains and continued expansion of its distribution network.
The business continued to strengthen its presence in the Indian home appliances market, achieving year to date
market shares of 8.8% in Washing Machines and 7.0% in Refrigerators.
Voltbek has continued to expand its scale through a wider product portfolio including a new line up of Frost
Free Refrigerators and Fully Automatic Washing Machines, sharper product segmentation, enhanced consumer
engagement and greater distribution penetration. The business remains focused on building relevance across
consumer segments through innovation, competitive product offerings and improved market accessibility.
Product development remains an important priority, supported by sourcing efficiencies and portfolio
optimisation initiatives aimed at strengthening competitiveness and improving profitability over time.
With its expanding presence in Washing Machines and Refrigerators, Voltbek continues to contribute to the
diversification of the Voltas consumer durables portfolio, enhance Voltas’ channel relevance complementing
the Company's established leadership in cooling products and making Voltas an all season consumer durable
brand.
B. Electro-Mechanical Projects and Services
The Electro-Mechanical Projects and Services business continued to maintain order momentum, supported by
opportunities across infrastructure, industrial and institutional projects.
Domestic Projects recorded order wins across industrial i
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