Consumer Electronics company Voltas announced Q2FY24 & H1FY24 results:
- Q2FY24:
- The Consolidated Total Income for Q2FY24 was higher by 29% at Rs 2,364 crore as compared to Rs 1,833 crore in Q2FY23.
- Profit before share of profit/loss of joint ventures/associates and tax was at Rs 118 crore as compared to Rs 149 crore last year.
- Profit before tax (PBT) was at Rs 85 crore as compared to Rs 13 crore in Q2FY23.
- Net Proft (after tax) was at Rs 36 crore as compared to a loss of Rs 6 crore in Q2FY23.
- Earnings per Share (Face Value per share of Re 1) (not annualized) as of September 30, 2023, was Rs 1.05 compared to negative of Rs 0.22 last year.
- H1FY24:
- Consolidated Total Income for H1FY24 was higher by 25% at Rs 5,794 crore as compared to Rs 4,627 crore in H1FY23.
- Profit before share of profit/loss of joint ventures/associates and tax was at Rs 352 crore as compared to Rs 340 crore in the corresponding period last year.
- Profit before tax was at Rs 288 crore as compared to Rs 174 crore last year.
- Net Profit (after tax) was at Rs 165 crore as against Rs 103 crore in the corresponding period last year.
- Earnings per Share (Face Value per share of Re 1) (not annualized) as of September 30, 2023, was at Rs 4.96 as compared to Rs 3.07 last year.