Voltas fell more than 1.5 percent intraday on Tuesday as third quarter numbers were disastrous on an operating level though the company turned corner with consolidated net profit at Rs 76.8 crore. It has recorded a net loss of Rs 115.4 crore in December quarter of FY12.
Voltas is going to declare its results for the third quarter of financial year 2012-13 on Monday. Analysts on an average expect the company to turn profitable with consolidated net at Rs 47 crore in the quarter as against loss of Rs 115 crore in a year ago period, according to CNBC-TV18 poll.