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Voltas Q2 misses estimates; net down 54% YoY at Rs 42 crore

Engineering and construction major Voltas posted disappointing earnings for the second quarter. Its second quarter consolidated net profit slipped 54% year-on-year to lower-than-expected Rs 42 crore due to a sharp drop in earnings in its unitary cooling products and electro-mechanical projects and services segments.

November 11, 2011 / 15:27 IST
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Moneycontrol Bureau

Engineering and construction major Voltas posted disappointing earnings for the second quarter. Its second quarter consolidated net profit slipped 54% year-on-year to lower-than-expected Rs 42 crore due to a sharp drop in earnings in its unitary cooling products and electro-mechanical projects and services segments. The Tata group company
first published: Nov 9, 2011 05:29 pm

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