BSEBoard Meeting5d ago · 14 Aug 2026, 05:54 pm
Outcome of Board Meeting of Voltas Limited Held on 14th August, 2026
Voltas Ltd · 500575
✦ AI Summary▲ PositiveResults
Voltas Ltd reported Q1 FY27 financial results, with total income of ₹ 4,765 crores, a 18.3% increase from ₹ 4,021 crores in Q1 FY26. Profit before tax was ₹ 285 crores, up 40.9% from ₹ 203 crores in Q1 FY26, and profit after tax was ₹ 213 crores, up 51.0% from ₹ 141 crores in Q1 FY26. The company outperformed the industry and key competitors in the room air conditioner business, with a 17.3% secondary market share and a 4% lead over the nearest competitor.
Analysis Scores
Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment9/10
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Voltas Ltd - 500575 - Board Meeting Outcome for Outcome Of Board Meeting Of Voltas Limited Held On 14Th August, 2026
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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
Sub: Unaudited Financial Results for the quarter ended 30th June, 2026
Dear Sirs,
The Board of Directors at its Meeting held today, i.e., 14th August, 2026, inter alia, approved
the Unaudited Standalone and Consolidated Financial Results of the Company for quarter
ended 30th June, 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 3.35 p.m.
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 Strong Q1 FY27 Performance, Outperforming Competition and Widening
Market Leadership with a 4% lead over the nearest competitor
Mumbai, 14th Aug 2026: The Board of Directors of Voltas Limited, India’s No. 1 Air Conditioning brand from the
house of Tata’s, announced the consolidated financial results (including the consolidated segment report) of the
Company for the quarter ended 30th June, 2026.
Q1 FY27 Q1 FY26
₹ Crores ₹ Crores
Total Income 4765 4021
Profit before tax (PBT) 285 203
Profit after tax (PAT) 213 141
Voltas delivered a strong performance in Q1 FY27, significantly outperforming competition in Room Air
Conditioners and further strengthening its market leadership. The Company achieved a 17.3% secondary market
share in RACs for FY27 upto June 2026 and widened its lead over the nearest competitor to 4 percentage points as
of YTD June 2026, reinforcing its position as the undisputed market leader.
The Company also achieved the landmark milestone of selling 1 million Room Air Conditioners in just 81 days,
reflecting the strength of its brand, differentiated product portfolio, extensive distribution network and execution
capabilities. The achievement was driven by sustained investments in brand building and marketing, sharper
product innovation, channel expansion, manufacturing capacity and supply chain agility.
Voltbek continued its strong growth trajectory, substantially outperforming the industry and recording its highest
ever quarterly sales in both value and volume, while the Projects and Engineering businesses provided resilience and
balance to the diversified portfolio.
The consistent performance across businesses reinforces Voltas position as a diversified and future ready enterprise
with multiple engines of sustainable growth.
Consolidated Results for the quarter ended 30th June, 2026:
For the quarter ended 30th June’2026, Voltas recorded Consolidated Total Income of ₹ 4,765 crores, compared to
₹ 4,021 crores in the same period last year. Profit Before Tax of ₹ 285 crores vs ₹ 203 crores in Q1 FY26. Profit
After Tax of ₹ 213 crores compared to ₹ 141 crores last year.
Segment Revenue and Results for the quarter ended 30th June, 2026:
Revenue Results
Q1 FY27 Q1 FY26 Q1 FY27 Q1 FY26
₹ Crores ₹ Crores ₹ Crores ₹ Crores
A - Unitary Cooling Products 3,794 2,868 202 104
B - Electro-Mechanical Projects and Services 672 922 38 49
C - Engineering Products and Services 159 135 41 40
Consolidated Segment Results for the quarter and year ended 30th June 2026:
(A)Unitary Cooling Products (UCP):
Segment A delivered robust growth of 33%, led by an dominant performance in the Room Air Conditioner business.
RAC volumes grew 45% year on year, significantly outperforming the industry and key competitors.
Voltas strengthened its leadership with a 17.3% secondary market share for FY27 till June 2026, while widening its
lead over the nearest competitor to 4 percentage points in Q1.
The performance was driven by a combination of sustained brand investments, differentiated products, sharper
product management, expanding channel reach and strong manufacturing and supply chain execution.
The refreshed RAC portfolio, led by the AI powered Vertis Split AC series, strengthened the Company’s proposition
across consumer segments. The “True 1.5 TR Cooling Capacity” campaign, set an industry benchmark in transparent
customer communication highlighting the superior 5,000W cooling capacity of Voltas 1.5 TR Air Conditioners,
further differentiated the brand preference and strengthened consumer trust.
Continued channel expansion, particularly across Tier II and Tier III markets, coupled with strong dealer engagement
and improved product availability, supported market share gains. Manufacturing and supply chain preparedness,
including high utilisation levels at the Chennai and Pantnagar facilities, enabled the Company to effectively service
the strong summer demand.
Segment margins improved significantly year on year despite commodity inflation and currency depreciation. These
pressures were partially mitigated by progressive price increases and benefits of the Company’s cost optimisation
initiatives, including strategic sourcing, deeper localisation, product design improvements and manufacturing
efficiencies.
With a strong product portfolio, healthy inventory position and expanding distribution footprint, Voltas remains
focused on consolidating and extending its market leadership while driving sustainable, profitable growth.
Voltbek:
Voltbek continued its strong growth trajectory in Q1 FY27, substantially outgrowing the industry and recording its
highest ever quarterly sales in both value and volume. The business achieved a YTD market share of 9.4% in Washing
Machines and 7.4% in Refrigerators.
The performance was supported by refreshed product lineups across premium Frost-Free Refrigerators and Fully
Automatic Washing Machines, alongside an expanding retail footprint, deeper channel penetration, enhanced in
store visibility and stronger consumer engagement. Voltbek continues to sharpen its focus on product segmentation,
premiumisation, innovation, localisation and sourcing efficiencies, with the objective of further strengthening
market share and progressively improving profitability.
With increasing scale and a stronger product portfolio, Voltbek remains a key pillar of Voltas long term growth
strategy, supporting the Company’s evolution into a comprehensive cooling and home appliances player.
(B) Electro-Mechanical Projects and Services:
Segment B continued to play an important stabilising role in Voltas diversified portfolio, reinforcing the strength of
the Company’s engineering and project solutions capabilities.
The Domestic Projects business maintained strong order momentum during Q1 FY27, securing strategic wins across
key growth sectors and selectively pursuing fast track and value accretive opportunities. Strong execution discipline,
project controls and cash flow management remained key areas of focus.
Within International Projects, Voltas continued to effectively manage risks arising from the geopolitical
environment while ensuring continuity across key projects and customer engagements. New order booking
remained delayed following the impact of the conflict in the Middle East, with the business maintaining a disciplined
approach towards risk and opportunity selection.
As of 30 June 2026, the carry forward order book for Segment B stood at over ₹6,345 crores, providing healthy
revenue visibility across Domestic and International Projects.
(C) Engineering Products and Services:
Segment C delivered high double digit topline growth, further strengthening the scale and strategic relevance of
Voltas engineering prod
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