Consumer Electronics company Voltas announced Q3FY25 results Consolidated Total Income grew by 18%, reaching Rs 3,164 crore, compared to Rs 2,684 crore in Q3FY24. Profit before tax soared by 699%, amounting to Rs 191 crore from Rs 24 crore. Net Profit (after tax) also saw a substantial increase, climbing to Rs 131 crore from an after-tax loss of Rs 28 crore in Q3FY24. Pradeep Bakshi said: "It has been a privilege to be associated with Voltas for over two decades. I am deeply grateful to our employees, partners, and stakeholders for their unwavering support. I am confident that Mr Menon's leadership and expertise will guide Valtas to even greater heights." Mukundan Menon said: "I am honoured to have the opportunity to lead Valtas, a company renowned for its commitment to excellence and innovation. I look forward to building on the strong foundation and working with our talented team to deliver sustainable growth and value for our stakeholders. Noel Tata, Chairman, Voltas, stated: "On behalf of the Board, I extend our appreciation to Pradeep for his contributions to Valtas over the years. His leadership has been instrumental in making Valtas the undisputed market leader in the Indian Room Air Conditioner market. We are pleased to appoint Mukundan in his new role as the MD designate. His deep understanding of the industry and proven track record make him the ideal leader to steer Valtas into the future." Result PDF