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    HomeNewsBusinessMoneycontrol ResearchVoltas Q2: Facing stiff competition

    Voltas Q2: Facing stiff competition

    Though the company continues to maintain its market leadership, there is height-ened concern about its top-line growth and market share going forward

    Sachin Pal
    Neha Gupta
    November 03, 2022 / 11:44 IST
    Voltas: Voltas posts Q2 loss at Rs 6 crore due to provision for overseas project. Total income increases 5.5% YoY. The company posted consolidated loss of Rs 6 crore for the quarter ended September FY23, against profit of Rs 104 crore for the same period last year impacted by provision made on an overseas project. Total income for the quarter at Rs 1,833 crore rose by 5.5 percent compared to year-ago period.
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    This Research Report / Research Recommendation has been published by Moneycontrol Dot Com India Limited (hereinafter referred to as “MCD”) which is a registered Investment Advisor under the Securities and Exchange Board of India (Investment Advisers) ...Read More