Voltas shares drop amid margin worries despite robust AC demand

tas shares declined around 4% on Monday, emerging as one of the top midcap losers, as investors focused on persistent margin pressures even after solid first-quarter results. The Tata Group firm reported a 52% jump in net profit to ₹214 crore and 19% revenue growth to ₹4,674 crore, driven by strong room air-conditioner performance. RAC volumes surged 45% year-on-year, lifting secondary market share to 17.3%.