ICICI Securities Ltd | Retail Equity Research Voltas' topline growth of 37% YoY was largely driven by EMPS segment (contributes ~45% of total revenue) wherein segment revenue was up ~62% YoY owing to execution of domestic (led by electrification projects) and international orders. However, the UCP segment (contributes ~50% of total revenue) stayed underperformer with revenue growth of 8% YoY due to bad weather, unseasonal rains and weak Onam sales in Kerala (due to floods)...