Voltas Ltd. News, Corporate filings and Earnings/Conference Calls

Name: Latest research reports of Voltas Ltd. authored by BOB Capital Markets Ltd. and published by - Trendlyne research reports.
Item: Voltas Ltd.
Rating: 3
Author: BOB Capital Markets Ltd.

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Voltas Ltd.

31 Jan 2025

1299.00

-3.39%

Company Update

VOLTAS LTD. - 500575 - Clarification sought from Voltas Ltd

BSE India

The Exchange has sought clarification from Voltas Ltd on January 31, 2025, with reference to Movement in Volume. The reply is awaited.

Voltas Ltd.

31 Jan 2025

1299.00

-3.39%

Voltas (HOLD): Revenue in line with estimates, PAT sees lag

Hold: Voltas Ltd.

Target

BOB Capital Markets Ltd.

Topline grew 18% YoY in Q3; EBITDA margin expanded 530bps YoY fueled by better cost efficiencies

Voltas Ltd. has lost -27.62% in the last 6 Months

Voltas Ltd.

30 Jan 2025

1299.00

-3.39%

Voltas Q3FY25 results: Net profit at Rs 130.76 cr, revenue up 17.9%

Business Standard

Air conditioning maker and engineering services provider Voltas Ltd has reported a consolidated net profit of Rs 130.76 crore for the third quarter ended December 2024. It had posted a consolidated net loss of Rs 27.60 crore in the October-December period a year ago, according to a regulatory filing from the company. Voltas' revenue rose 17.9 per cent to Rs 3,164.16 crore in the December quarter. It was Rs 2,683.61 crore in the year-ago period. Its total expenses increased 12 per cent to Rs 2,941.11 crore in the quarter. The company also announced top-level management changes as its Managing Director and CEO Pradeep Bakshi will step down in the second half of 2025. He has expressed his desire not to seek reappointment upon completion of his current term on August 31, 2025. Respecting his decision, the Board has accepted his request, it added. The Board, based on the recommendation of the Nomination and Remuneration Committee, unanimously approved the appointment of Mukundan C P M

Voltas Ltd. has lost -27.62% in the last 6 Months

Voltas share price: Voltas shares plunge 11% as Q3 margins hit 10-year low, CEO to step down

Business Line | 30 Jan 2025

Voltas Ltd.

30 Jan 2025

1299.00

-3.39%

Earnings Call

VOLTAS LTD. - 500575 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

BSE India

Further to our letter dated 27th January, 2025 and pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Audio recording of the Q3 FY25 Results Conference Call held on 30th January, 2025 is available on the Company's website. The link to access the said audio recording is: https://www.voltas.in/images/Investor/schedule-announcements/audio/Q3FY25InvestorCallRecording.mp3 Kindly take the same on record.

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Voltas Ltd.

30 Jan 2025

1299.00

-3.39%

Investor Presentation

VOLTAS LTD. - 500575 - Announcement under Regulation 30 (LODR)-Investor Presentation

BSE India

Investor Presentation

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Voltas Ltd.

30 Jan 2025

1299.00

-3.39%

Margin pressure in UCP dampens robust revenue growth

Buy: Voltas Ltd.

Target

Motilal Oswal

Voltas (VOLT)’s 3QFY25 EBITDA was largely in line with our estimate as higherthan-estimated revenue was offset by lower-than-estimated margin in UCP (5.9% v/s estimated 7.8%).

Voltas Ltd. has lost -27.62% in the last 6 Months

Voltas Ltd.

29 Jan 2025

1299.00

-3.39%

Company Update

VOLTAS LTD. - 500575 - Announcement under Regulation 30 (LODR)-Cessation

BSE India

The Board at its Meeting held on 29-01-2025, accepted the request of Mr. Pradeep Bakshi, Managing Director & CEO, who had expressed his desire not to seek reappointment as Managing Director & CEO upon completion of his current term on 31-08-2025. The Board, also unanimously approved (a) appointment of Mr. Mukundan C. P. Menon, currently Executive Director and Head - Room Air Conditioner Business of the Company, as Managing Director (Designate) effective 01-04-2025 and subsequently as the Managing Director effective 01-09-2025 and (b) appointment of Ms. Sonia Singh as Non Executive Independent Director.

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