Investor Presentation

14th August, 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 Ref.: Q1FY27 Earnings Conference Call Dear Sirs, Further to our letter dated 10th August, 2026 and pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the document titled ‘Voltas Delivers Strong Q1 FY27 Performance, Outperforming Competition and Widening Market Leadership with a 4% lead over the nearest competitor’ to be used for the Q1FY27 Earnings Conference Call scheduled today, i.e., 14th August, 2026 at 6:30 p.m. Kindly take the same on record. 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 ANALYSIS OF RESULTS QUARTER ENDED 30th June 2026 Voltas Delivers Strong Q1 FY27 Performance, Outperforming Competition and Widening Market Leadership with a 4% lead over the nearest competitor Voltas delivered a strong performance in Q1 FY27, significantly outperforming competition and further strengthening its leadership in the cooling segment. The Company achieved a 17.3% secondary market share in Room Air Conditioners for FY27 till June 2026 and widened its lead over the nearest competitor to 4 percentage points, reinforcing its position as the undisputed market leader. Strong execution across marketing, product management, channel expansion, manufacturing capacity and supply chain readiness supported this performance. During the April to June 2026 quarter, the global economy continued to face geopolitical tensions, elevated energy prices and persistent inflationary pressures. Conflict in the Middle East added to commodity and currency volatility and supply chain uncertainty. Against this backdrop, India continued to demonstrate resilience, supported by domestic consumption, infrastructure investments and strong underlying macroeconomic fundamentals. The Indian consumer durables industry witnessed steady demand during the quarter, continued demand for cooling products. Room Air Conditioners remained a key growth driver, supported by the summer season ,aided by increasing penetration, and expanding demand across Tier II and Tier III markets. Against this operating environment, Voltas delivered a substantially stronger performance compared with the previous year, supported by growth across its key businesses and disciplined operational execution. The Company achieved a significant milestone by selling 1 million Room Air Conditioners in just 81 days, demonstrating the strength of its brand, product portfolio, distribution reach and execution capabilities. Voltbek also emerged as an important growth driver, substantially outgrowing the industry and recording its highest ever quarterly sales in both value and volume. The Projects and Engineering businesses provided further resilience and balance, underscoring the strength of Voltas diversified portfolio. Financial Performance Overview For the quarter ended 30 June 2026, Voltas recorded: • Consolidated Total Income of ₹ 4,765 crores, compared to ₹ 4,021 crores in Q1 FY26. • Profit Before Tax of ₹ 285 crores versus ₹ 203 crores in Q1 FY26. • Net Profit of ₹ 213 crores compared to ₹ 141 crores last year. Segment A – Unitary Cooling Products (UCP) Segment A delivered strong growth of 33%, led by an exceptional performance in the Room Air Conditioner business. RAC volumes grew 45% year on year, significantly outperforming the industry and key competitors. Voltas achieved a 17.3% secondary market share for FY27 till June 2026 and progressively strengthened its competitive position through the quarter. For Q1 2026, the Company widened its market share lead over the nearest competitor to 4 percentage points, reinforcing the strength of its brand equity, product proposition, distribution network and execution capabilities. A sharper brand and marketing strategy was an important contributor to this performance. The refreshed brand positioning, supported by sustained investments across television, digital, retail and consumer touchpoints, strengthened consumer engagement and brand salience. The “True 1.5 TR Cooling Capacity” campaign, an industry first initiative, highlighted the superior 5,000W cooling capacity of Voltas 1.5 TR Air Conditioners, enabling consumers to make more informed and value driven purchase decisions while reinforcing the brand’s credentials around powerful cooling and performance. Product management and innovation remained central to the growth strategy. The refreshed RAC portfolio, led by the AI powered Vertis Split AC series introduced in March 2026, offered differentiated features including AI Adaptive Cooling, AI Geo Fencing and AI Energy Manager. A sharper portfolio across capacities, energy ratings and price points enabled Voltas to address evolving consumer requirements, increasing premiumisation and growing demand for intelligent and energy efficient cooling solutions. The Company continued to expand and deepen its channel presence, particularly across Tier II and Tier III markets where RAC penetration remains relatively low. Wider distribution, stronger dealer engagement and increased presence across traditional trade, modern retail and emerging channels improved product availability and enabled Voltas to capture incremental demand across markets. Another key enabler was the Company’s manufacturing and supply chain preparedness. Capacity was progressively ramped up ahead of the summer season, with the Chennai and Pantnagar facilities operating at high utilisation levels. Strong raw material planning, supplier readiness, deeper localisation and disciplined inventory management ensured product availability during the peak season and enabled the Company to effectively service the significant increase in demand. Commercial Air Conditioning delivered a stable performance and continues to represent a significant long term growth opportunity, supported by urbanisation, infrastructure development, data centre expansion and increasing adoption of intelligent building solutions. Commercial Refrigeration and Air Coolers recorded a relatively muted performance, primarily due to slower market uptake following price increases. The Company continues to focus on institutional sales, channel development, customer diversification and new product introductions to drive improved performance in the coming quarters. Segment A margins improved significantly compared with the previous year despite commodity inflation and currency depreciation. These pressures were partially mitigated through progressive price increases and the comprehensive cost optimisation programme initiated in FY26, encompassing strategic sourcing, deeper localisation, product design improvements and manufacturing productivity initiatives. Overall, the combination of sustained brand investments, differentiated products, sharper product management, expanding channel reach, enhanced manufacturing capacity and resilient supply chain execution enabled Voltas not only to retain its leadership but to materially widen its lead over competition. Strategic Compressor Localization Initiative Voltas has entered into a Binding Term Sheet with Atomberg Innovation Private Limited for a proposed 50:50 joint venture to develop and manufacture high efficiency Room Air Conditioner compressors in India. The proposed venture will strengthen indigenous sourcing, reduce import dependence and enhance long term supply security. The transaction remains subject to satisfactory due dili [Showing first 8,000 characters — download PDF for full document]