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Voltas Q3 profit jumps 46% at Rs 129 crore; total income rises 32%


Tata Group company Voltas Ltd on Friday reported 46.26 per cent increase in consolidated net profit at Rs 128.64 crore for December quarter 2020-21.
The company had posted a net profit of Rs 87.95 crore in the same quarter last fiscal year, Voltas said in a regulatory filing.
Total income during the period under review stood at Rs 2,046.26 crore, up 32.29 per cent, as against Rs 1,546.76 crore in the year-ago quarter, the company said.
Voltas, a leading air-conditioner manufacturer, said the cooling products business made a good recovery, post easing of the lockdown restrictions and achieved a record overall volume growth of 40 per cent. ....

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