$VOLTAS Q1 FY27 Results: Net profit climbs 53% to Rs 214 crore; partners with Atomberg for AC compressor JV

$VOLTAS Q1 Results: Voltas reported a 53% year-on-year jump in consolidated net profit to Rs 214 crore for the June quarter of FY27, compared with Rs 140 crore in the same quarter last year. Revenue from operations increased 19% to Rs 4,673.50 crore, against Rs 3,938.58 crore in the year-ago period. The company's EBITDA surged 48.7% to Rs 265.5 crore, from Rs 178.5 crore a year earlier. The EBITDA margin also expanded to 5.7% from 4.5%. $VOLTAS-Atomberg JV In a key business development, Voltas announced a joint venture with Atomberg Innovation to develop, manufacture and supply room air-conditioner compressors and related components in India. The proposed venture will focus on energy-efficient, reliable and cost-effective compressor solutions, while also increasing localisation of components. The partnership will leverage Voltas' expertise in the Indian room AC market, product know-how, manufacturing infrastructure, supply chain and scale, alongside Atomberg Innovation's proprietary technology and engineering capabilities. The collaboration is expected to strengthen the domestic manufacturing ecosystem for AC compressors and support the localisation of key components used in room air-conditioners. Investment in securities market are subject to market risks. Read all the related documents carefully before investing,