Voltas Limited Reports Earnings Results for the Third Quarter Ended December 31, 2019
February 07, 2020 at 03:17 am EST
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Voltas Limited announced earnings results for the third quarter ended December 31, 2019. For the third quarter, the company announced total revenue was INR 15,467.6 million compared to INR 15,465.6 million a year ago. Net income was INR 869.1 million compared to INR 809.2 million a year ago. Basic earnings per share was INR 2.63 compared to INR 2.45 a year ago. For the nine months, total revenue was INR 57,385.9 million compared to INR 51,903 million a year ago. Net income was INR 3,585.2 million compared to INR 3,683 million a year ago. Basic earnings per share was INR 10.84 compared to INR 11.13 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 
