Voltas Ltd.

NSE: VOLTAS | BSE: 500575 | ISIN: INE226A01021 | Industry: Consumer Electronics
| Expensive Performer
1262.1000 4.30 (0.34%)
NSE May 29, 2025 15:31 PM
Volume: 979.3K
 

logo
Voltas Ltd.
14 Nov 2018
1262.10
0.34%
Religare
Voltas Ltd's Q2FY19 numbers were largely in line with our estimates. Consolidated net revenue growth stood healthy at 37.1% YoY, driven by strong performance from projects business ( 61.7%). Further, unitary cooling products segment reported decent growth of 8.2% after two quarters of muted performance. However, growth in EBITDA was relatively lower at 24.8%, while EBITDA margins contracted 76bps YoY to 7.6%, led by a sharp margin erosion of 616bps in unitary cooling products.
Voltas Ltd. is trading below its 50 day SMA of 1310.4
More from Voltas Ltd.
Recommended