Voltas Limited Announces Audited Standalone and Consolidated Earnings Results for Fourth Quarter and Full Year Ended March 31, 2018
May 17, 2018 at 07:17 am EDT
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Voltas Limited announced audited standalone and consolidated earnings results for fourth quarter and full year ended March 31, 2018. For the quarter, the company reported standalone revenue from operations was INR 186.299 million against revenue from operations of INR 193.021 million a year ago. Profit before exceptional items and tax was INR 23.509 million against profit before exceptional items and tax of INR 19.143 million a year ago. Profit before tax was INR 24.489 million against profit before tax of INR 18.448 million a year ago. Net profit for the period was INR 17.721 million against net profit for the period of INR 15.191 million a year ago. Basic and diluted per share was INR 5.36 against basic and diluted per share of INR 4.59 a year ago.
For the full year, the company reported standalone revenue from operations were INR 583.226 million against revenue from operations of INR 547.258 million a year ago. Profit before exceptional items and tax was INR 68.674 million against profit before exceptional items and tax of INR 65.703 million a year ago. Profit before tax was INR 68.276 million against profit before tax of INR 65.102 million a year ago. Net profit for the period was INR 50.123 million against net profit for the period of INR 48.619 million a year ago. Basic and diluted per share was INR 15.15 against basic and diluted per share of INR 14.69 a year ago. for the previous year.
For the quarter, the consolidated company reported revenue from operations were INR 204.838 million against revenue from operations of INR 205.826 million a year ago. Profit before exceptional items and tax was INR 28.555 million against profit before exceptional items and tax of INR 24.987 million a year ago. Profit before tax was INR 28.416 million against profit before tax of INR 25.003 million a year ago. Net profit for the period was INR 19.419 million against net profit for the period of INR 20.047 million a year ago.
For the full year, the consolidated company reported revenue from operations were INR 642.787 million against revenue from operations of INR 609.502 million a year ago. Profit before exceptional items and tax was INR 80.43 million against profit before exceptional items and tax of INR 71.917 million a year ago. Profit before tax was INR 80.491 million against profit before tax of INR 72.027 million a year ago. Net profit for the period was INR 57.79 million against net profit for the period of INR 51.986 million a year ago.
Voltas Limited is an India-based air conditioning and engineering solutions provider and a projects specialist. The Company's segments include Unitary Cooling Products, Electro - Mechanical Projects and Services, and Engineering Products and Services. Unitary Cooling Products segment includes manufacturing, selling and after sales services of cooling appliances and cold storage products, and facilities maintenance and hard services, such as operations and maintenance contracts in various sectors, retrofits and energy management, among others. Electro - Mechanical Projects and Services segment includes electro-mechanical projects, such as electricals, heating, ventilation and air conditioning, plumbing, extra low voltage and specialized services, and water solutions, such as comprises water treatment solutions for industrial, oil and gas and domestic sewage segments, among others. Engineering Products and Services segment includes textile machinery and mining and construction equipment.
VOLTAS LIMITED 
