New Delhi: Voltas Ltd on Thursday reported a sharp decline in profitability for the December quarter, with consolidated net profit falling 36% year-on-year to ₹84 crore, compared with ₹131 crore a year ago, as weaker seasonal demand and higher costs weighed on margins.
The Tata Group company’s consolidated total income for the quarter ended December 31, 2025 stood at ₹3,120 crore, marginally lower than ₹3,164 crore in the corresponding period last year. Profit before tax declined to ₹116 crore from ₹191 crore, after factoring in a one-time charge of ₹26.49 crore linked to the implementation of new labour codes.
For the nine months ended December 2025, Voltas reported consolidated revenue of ₹9,552 crore, down from ₹10,890 crore a year earlier, while net profit dropped sharply to ₹257 crore from ₹599 crore.
The unitary cooling products (UCP) segment, which houses the company’s flagship room air conditioner business, remained the mainstay, clocking revenue of ₹1,924 crore in Q3. Management said demand was supported by improved channel momentum following the GST rate reduction and advance purchases ahead of the transition to new BEE star labelling norms, although margins reflected the normal seasonal softness of the quarter.
Voltas’ electro-mechanical projects and services business reported revenue of ₹974 crore during the quarter, benefiting from steady domestic execution and new order wins across MEP, electrical, solar and water segments. International operations, while facing a tougher order environment, delivered a stronger bottom line through tighter project management and reduced risk exposure, the company said.
The engineering products and services segment posted revenue of ₹157 crore, with mining and construction equipment showing stable demand, while textile machinery remained under pressure amid a challenging macro environment.
Commenting on the performance, managing director Mukundan Menon said the company is entering the upcoming summer season with “heightened readiness”, supported by refreshed product line-ups, sharper pricing and cost optimisation measures, positioning Voltas to strengthen its leadership in cooling while accelerating growth in home appliances and engineering solutions.