Financial Performance Overview
For the quarter ended 30th September 2026, Voltas recorded consolidated financial results:
- Consolidated Total Income: ₹2,746 crores (compared to ₹2,412 crores in Q2 FY26)
- Profit Before Tax: ₹83 crores (versus ₹54 crores in Q2 FY26)
- Net Profit: ₹48 crores (compared to ₹32 crores in Q2 FY26)
Segment Performance Details
Segment A – Unitary Cooling Products (UCP)
- Recorded 29% revenue growth during Q2 FY27
- Room Air Conditioner business achieved 32% volume growth
- Market share of 17.4% for year to date ended September 2026 (1.5 percentage point increase over previous year)
- Maintained 4.2 percentage point lead over nearest competitor
- Commercial Air Conditioning business recorded stable growth
- Home Comfort products (Air Coolers, Water Heaters, Fans) recorded healthy growth
- Commercial Refrigeration remained relatively flat
Voltbek Home Appliances
- Achieved highest quarterly sales in both value and volume during Q2 FY27
- Market shares: 8.8% in Washing Machines, 7.0% in Refrigerators (year to date ended September 2026)
- No. 2 position in Semi Automatic Washing Machine category with 14.9% market share
- Launched new campaign "Voltas Beko: Sense Toh Banta Hai"
Segment B: Electro-Mechanical Projects and Services (EMPS)
- Total order pad stood at over ₹6,800 crore as of 30th September 2026
- Domestic Projects secured projects across industrial infrastructure, electronics manufacturing, metro and tunnel projects, and data centers
- International Projects: Sidra Bank Guarantees aggregating QAR 167 million (equivalent to approximately ₹438 crore) were cancelled pursuant to favourable court award
- Appeal filed by main contractor before Court of Cassation was dismissed, upholding earlier judgment
Segment C: Engineering Products and Services
- Delivered robust revenue growth during Q2 FY27
- Performance supported across Mining and Construction Equipment and Textile Machinery
- Mining and Construction Equipment led by demand for crushing and screening equipment
- Textile Machinery recorded strong growth despite geopolitical uncertainties
Strategic Initiatives and Outlook
- Focus on manufacturing and localisation initiatives for critical components including compressor sourcing
- Continued distribution expansion in emerging consumption centers
- Strategic priorities: sustaining market leadership, improving absolute profitability, strengthening cost competitiveness
- Entering festive season with momentum across businesses
- Maintaining focus on premiumisation, energy efficient products, and technology-led differentiation
- Addressing cost pressures through calibrated pricing and structural cost optimization initiatives
Conference Call Details
Q2FY27 Earnings Conference Call scheduled for 6th November, 2026 at 6:30 p.m.