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Voltas Ltd.,’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales increased by 42.14 % in YoY and increased by 60.07 % in QoQ

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Highlights

  • Sales over the Year and quarter: The company experienced a substantial growth of 42.14 % in the past year, substantial increase in net sales/revenue by 60.07 %.
  • Income over the Year and quarter: There has been decline in other income over the past year which is -12.93 %, Marginal decrease of -26.15% in other income during this quarter.
  • Profit over the Year and quarter: Challenges in sustaining profitability for Voltas Ltd.,. Profit dropped by -22.75 % Year to Year, Voltas Ltd.,’s profitability dropped by -500.87 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS declined by -19.08 % Year to Year. EPS decreased by -482.61 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Voltas Ltd.,”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 2956.8 Cr Rs. 2625.72 Cr Rs. 4202.88 Cr + 60.07 % + 42.14 %
Expenses Rs. 2738.63 Cr Rs. 2597.3 Cr Rs. 4012.3 Cr + 54.48 % + 46.51 %
Operating Profit Rs. 218.17 Cr Rs. 28.42 Cr Rs. 190.58 Cr + 570.58 % -12.65 %
OPM % 7.38 % 1.08 % 4.53 % + 3.45 % -2.85 %
Other Income Rs. 18.49 Cr Rs. 21.8 Cr Rs. 16.1 Cr -26.15 % -12.93 %
Interest Rs. 12.44 Cr Rs. 13.53 Cr Rs. 20.79 Cr + 53.66 % + 67.12 %
Depreciation Rs. 10.38 Cr Rs. 12.84 Cr Rs. 11.81 Cr -8.02 % + 13.78 %
Profit before tax Rs. 213.84 Cr Rs. 23.85 Cr Rs. 174.08 Cr + 629.9 % -18.59 %
Tax % 29.18 % 85.84 % 29.87 % -55.97 % + 0.69 %
Net Profit Rs. 143.23 Cr Rs. -27.6 Cr Rs. 110.64 Cr + 500.87 % -22.75 %
EPS in Rs Rs. 4.35 Rs. -0.92 Rs. 3.52 + 482.61 % -19.08 %


Today, we’re looking at Voltas Ltd.,’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 42.14 %. However, it did see a marginal increase of 60.07 % from the previous quarter. Expenses ticked up slightly by 54.48 % quarter-on-quarter, aligning with the annual rise of 46.51 %. Operating profit, while down -12.65 % compared to last year, faced a quarter-on-quarter increase of 570.58 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -2.85 %, but an expansion of 3.45 % sequentially. Other income fell by -26.15 % compared to the last quarter, despite an annual decline of -12.93 %. Interest expenses surged remarkably by 53.66 % from the previous quarter, yet the year-over-year increase remains at a moderate 67.12 %. Depreciation costs fell by -8.02 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 13.78 %. Profit before tax declined annually by -18.59 % but saw an increase from the preceding quarter by 629.9 %.
Tax expenses as a percentage of profits increased slightly by 0.69 % compared to last year, with a more notable quarter-on-quarter decrease of -55.97 %. Net profit fell by -22.75 % year-on-year but experienced a 500.87 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -19.08 % but a quarterly rise of 482.61 %. In summary, Voltas Ltd.,’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 2956.8 Cr Rs. 2625.72 Cr Rs. 4202.88 Cr + 60.07 % + 42.14 %
Expenses Rs. 2738.63 Cr Rs. 2597.3 Cr Rs. 4012.3 Cr + 54.48 % + 46.51 %
Operating Profit Rs. 218.17 Cr Rs. 28.42 Cr Rs. 190.58 Cr + 570.58 % -12.65 %
Net Profit Rs. 143.23 Cr Rs. -27.6 Cr Rs. 110.64 Cr + 500.87 % -22.75 %
EPS in Rs Rs. 4.35 Rs. -0.92 Rs. 3.52 + 482.61 % -19.08 %


In reviewing Voltas Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 42.14 % year-on-year growth, however, there was a minor increase of 60.07 % from the previous quarter. Expenses rose by 46.51 % compared to the previous year, with a 54.48 % increase quarter-on-quarter. Operating Profit dropped by -12.65 % annually, and saw a 570.58 % increase from the last quarter.
Net Profit showed yearly decrease of -22.75 %, and experienced a 500.87 % increase from the previous quarter. Earnings Per Share (EPS) fell by -19.08 % annually, however rose by 482.61 % compared to the last quarter. In essence, while Voltas Ltd., faces strong annual decline indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.

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