Voltas Q2 FY27: Profit +52% to ₹48 Cr, AC Volumes +32%

Voltas Q2 FY27 results are out! VOLTAS shares slipped ~3-4% intraday today despite a strong YoY jump in profit. Here is a simple breakdown of the numbers: ✅ Consolidated PAT: ₹47.7 Cr vs ₹31.5 Cr last year (+51.5% YoY) ✅ Revenue from operations: ₹2,707 Cr (+15.3% YoY) ✅ Unitary Cooling (ACs): revenue +29% to ₹1,567 Cr, room AC volumes +32%, segment back in profit (₹20 Cr vs loss of ₹46 Cr) ✅ RAC market share 17.4% YTD - still No. 1 ✅ Projects segment: revenue down to ₹816 Cr; order book above ₹6,800 Cr; quarter includes a ₹63 Cr one-time write-back ✅ Voltbek: record Q2 sales, 8.8% share in washing machines, 7% in refrigerators Why the weak reaction? Q2 is a seasonally soft quarter for ACs - profit and revenue are sharply lower vs Q1, and part of the profit came from one-offs. Key things to track next: summer 2027 demand, input costs and project execution. 💬 Do you think the AC business can sustain this recovery next summer? Share your view in the comments! 📲 For daily market notes, search "Neha Gupta SEBI RA" on Telegram and join the FREE channel. Neha Gupta | SEBI Registered Research Analyst | Reg. No. INH000016542 ⚠️ Disclaimer: This content is for educational purposes only and is not investment advice or a buy/sell recommendation. Investments in the securities market are subject to market risks. Read all related documents carefully before investing.