Voltas Q4 net profit crashes 52% to ₹113 cr as summer demand wilts
Tata-owned Voltas reported a 52% YoY drop in Q4 FY26 net profit to ₹113.43 cr, hit by weak summer AC demand, commodity inflation, and FX headwinds. FY26 profit fell 55.6% to ₹370 cr. Unitary cooling revenue edged up 1% to ₹3,493 cr; board declared 400% dividend (₹4/share).
What happened
Tata-owned Voltas Q4 FY26 net profit fell 52% to Rs 113.43 cr on weak summer demand, commodity inflation, and FX. Room AC segment recovered in H2, retained #1
Key facts
- Q4 net profit Rs 113.43 cr (-51.87%)
- Q4 revenue Rs 4,887.83 cr
- FY26 net profit Rs 370 cr (-55.6%)
- FY26 income Rs 13,768.48 cr (-4.5%)
- Unitary cooling revenue Rs 3,493.44 cr (+1%)
- Dividend 400% / Rs 4 per share
- Share Rs 1,347.15 (-1.98%)
Why this matters
Voltas' margin compression and flat unitary cooling revenue create a window to evaluate bolt-on cooling-tech or component-supply targets that hedge against commodity and FX volatility in future cycles.