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Voltas Ltd (VOLT.NS)

VOLT.NS on National Stock Exchange of India

616.00INR
9:59am GMT
Change (% chg)

Rs-3.60 (-0.58%)
Prev Close
Rs619.60
Open
Rs619.00
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Rs624.20
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Rs606.45
Volume
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Rs653.80
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Rs300.70

Latest Key Developments (Source: Significant Developments)

India's Voltas Sept-qtr consol profit up 17 pct
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Voltas Ltd :Sept quarter consol net profit 946.3 million rupees versus 805.5 million rupees last year.Consensus forecast for Sept quarter consol net profit was 879.9 billion rupees.Sept quarter consol revenue from operations 10.37 billion rupees versus 9.81 billion rupees last year.  Full Article

Arcelik to set up JV with Voltas for production and sale of home appliances in India
Tuesday, 23 May 2017 

May 23 (Reuters) - ARCELIK AS ::A JOINT VENTURE AGREEMENT HAS BEEN SIGNED BETWEEN WHOLLY-OWNED SUBSIDIARY ARDUTCH BV, PARENT COMPANY KOÇ HOLDING AND; VOLTAS LIMITED AND TATA INVESTMENT CORPORATION LIMITED, TATA GROUP COMPANIES BASED IN INDIA,.THE COMPANY WILL BE GOVERNED AS PER JOINT MANAGEMENT PRINCIPLES AND SHAREHOLDING RATIOS WILL BE AS ARDUTCH B.V. 49%, KOÇ HOLDING 1%, VOLTAS LIMITED 49%, TATA INVESTMENT CORPORATION LIMITED (TICL) 1%.THE JOINT VENTURE WILL BE ESTABLISHED WITH AN INITIAL CAPITAL OF C. USD 1,500.AFTER THE CLOSING DATE, A CAPITAL INCREASE OF USD 100 MILLION, MINIMUM INVESTMENT AMOUNT, IS PLANNED TO BE MADE TAKING INTO CONSIDERATION THE COMPANY'S BUSINESS PLAN AND CASH FLOW REQUIREMENTS.THE JV COMPANY TO ENGAGE IN THE PRODUCTION AND SALES OF REFRIGERATORS, IN ADDITION TO THE SALES OF WASHING MACHINES, DISHWASHERS, DRYERS, MICROWAVES AND OTHER WHITE GOODS.WITHIN THE SCOPE OF THE JOINT VENTURE AGREEMENT THE PRODUCTS WILL BE UNDER VOLTAS-BEKO BRAND.  Full Article

Voltas Dec-qtr profit up about 42 pct
Tuesday, 14 Feb 2017 

Voltas Ltd : Dec quarter consol net profit 815.6 million rupees . Consensus forecast for dec quarter consol net profit was 556.5 million rupees . Dec quarter consol total income from operations 12 billion rupees .Consol net profit in Dec quarter last year was 573.2 million rupees as per Ind-AS; consol total income from operations was 12.72 billion rupees.  Full Article

Voltas June-qtr consol profit rises 23.3 pct
Tuesday, 2 Aug 2016 

Voltas Ltd : June-quarter consol net profit 1.58 billion rupees; consol total income from operations INR 18.55 billion . Consensus forecast for June-quarter profit was 1.27 billion rupees . Consol net profit in June quarter last year was 1.03 billion rupees as per Ind-AS; consol total income from operations was 15.64 billion rupees .  Full Article

India's Voltas Ltd March-qtr consol profit up about 49 pct
Tuesday, 17 May 2016 

Voltas Ltd : India's Voltas Ltd - March-quarter consol net profit 1.76 billion rupees; consol net sales 18.76 billion rupees . Consensus forecast for March-quarter consol net profit was 1.16 billion rupees . Recommends dividend of INR 2.60 per share .  Full Article

BRIEF-Voltas says no proposal approved regarding buyout of Sharp India's AC manufacturing plant

* Voltas Ltd clarifies on news item "Voltas evaluating buyout of Sharp India's AC manufacturing plant in Pune"