ICICI Securities Ltd | Retail Equity Research Voltas' Q1FY17 results were ahead of our estimates with net profit increasing 39% YoY to ~| 158 crore largely due to an improvement in EBITDA margin by 236 bps YoY and higher other income Consolidated revenues grew ~19% YoY to | 1855 crore mainly due to an increase in revenue from the UCP segment by ~29% YoY led by low base and revival in demand due to intense summer in AprilMay 2016. EMPS segment revenue recorded 3% YoY growth driven by a pick-up in execution of new international projects...