Voltas Q4 Results: Profit more than doubles; misses estimates, declares ₹7 dividend
Published on 07/05/2025 07:08 PM
Voltas Q4 Results: Profit more than doubles; misses estimates, declares ₹7 dividendVoltas reported a 108% YoY jump in Q4 net profit to ₹241 crore, but missed analyst estimates on all key metrics. The board recommended a ₹7 per share dividend for FY24.By Sheersh Kapoor May 7, 2025, 7:08:21 PM IST (Published)1 Min ReadVoltas Ltd on Wednesday reported a strong year-on-year performance for the March quarter, with net profit surging 108% to ₹241 crore, compared to ₹116 crore in the same period last year. However, the results fell short of CNBC-TV18’s poll estimates on all major parameters.
Revenue rose 13.4% year-on-year to ₹4,768 crore from ₹4,203 crore, but was lower than the expected ₹4,897 crore.
Similarly, EBITDA grew a sharp 74.6% to ₹332.8 crore, up from ₹191 crore a year ago, yet below the Street estimate of ₹354 crore.
Operating margin improved to 7% from 4.5% in the year-ago quarter, though marginally missing the expected 7.2%.
The company’s board has recommended a dividend of ₹7 per equity share for the financial year 2024-25.
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Despite the miss on estimates, the year-on-year improvement highlights a rebound in operating performance and cost efficiency.
Ahead of the earnings announcement, shares of Voltas Ltd closed 1.19% higher at ₹1,244.25 on the BSE.Continue ReadingCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!Tagsearningsshare market todayVoltas earningsVoltas share