Thursday, 30 January 2014

Voltas reports 19% fall in Q3 consolidated net profit

Voltas has reported results for third quarter ended December 31, 2013.

The company has reported 42.65% fall in its net profit at Rs 41.63 crore for the quarter as compared to Rs 72.60 crore for the same quarter in the previous year. Total income from operation of the company has decreased by 7.16% at Rs 1066.58 crore for quarter under review as compared to Rs 1148.92 crore for the quarter ended December 31, 2012.

On the consolidated basis, the group has reported 19.38% fall in its net profit at Rs 61.92 crore for the quarter ended December 31, 2013 as compared to Rs 76.81 crore for the same quarter in the previous year. Total income from operation of the group has decreased by 2.87% at Rs 1119.40 crore for quarter under review as compared to Rs 1152.54 crore for the quarter ended December 31, 2012.

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