News ArticleVoltas Limited Posts ₹2,746 Crores Revenue in Q2 FY27 Led by 29% Growth in Cooling Products
Company maintains No. 1 market share of 17.4% in Room Air Conditioners and secures ₹6,800 crore order book in Electro-Mechanical Projects segment
Voltas Limited disclosed its Q2 FY27 consolidated financial results, highlighting a consolidated revenue increase to ₹2,746 crores led by 29% growth in the Unitary Cooling Products segment. The company maintained 17.4% market share in Room Air Conditioners and reported improved profitability despite cost pressures. Order book in Electro-Mechanical projects exceeded ₹6,800 crores, supporting revenue visibility.
Voltas Limited
Financial Results
Voltas Limited announced its consolidated financial results for the quarter ended 30 September 2026, reporting total income of ₹2,746 crores, driven primarily by a 29% revenue increase in its Unitary Cooling Products business, especially Room Air Conditioners, which hold a 17.4% market share.
The Unitary Cooling Products segment sustained volume growth of 32%, maintaining the company’s position as India’s top Room Air Conditioner brand with a 4.2% lead over its nearest competitor, supported by product innovation such as the new AI range of split ACs and expanding distribution.
Voltbek, Voltas’ home appliances business, recorded record quarterly sales, growing market shares to 8.8% in Washing Machines and 7.0% in Refrigerators, driven by an expanded product portfolio and distribution.
The Electro-Mechanical Projects and Services segment reported continued order momentum with a carry forward order book exceeding ₹6,800 crores, ensuring revenue visibility. The Engineering Products and Services segment grew over 30%, boosted by demand for Mining and Construction Equipment and Textile Machinery.
Despite commodity inflation and currency headwinds, Voltas improved profitability through pricing adjustments and cost optimization, including localisation and manufacturing productivity improvements. The company remains focused on expanding distribution, strengthening product differentiation, and pursuing profitable growth across segments.
Highlights
- 29% revenue growth in Unitary Cooling Products in Q2 FY27 driven by Room Air Conditioners.
- 17.4% market share in Room Air Conditioners for year ended September 2026, 4.2% ahead of nearest competitor.
- Consolidated total income for Q2 FY27 at ₹2,746 crores versus ₹2,412 crores in Q2 FY26.
- Profit before tax increased to ₹83 crores from ₹54 crores year-over-year.
- Electro-Mechanical Projects order book surpasses ₹6,800 crores as of September 2026.
- Voltbek achieves record Q2 sales with 8.8% market share in Washing Machines and 7.0% in Refrigerators.
Key Data Snapshot
What happened
- Voltas Limited reported consolidated financial results for Q2 FY27 with total income of ₹2,746 crores and profit before tax of ₹83 crores.
- Unitary Cooling Products achieved 29% revenue growth with Room Air Conditioners growing volume by 32%.
- Voltbek expanded market presence in home appliances, delivering record sales in Washing Machines and Refrigerators.
- Electro-Mechanical Projects order book stood above ₹6,800 crores, supporting revenue visibility.
- Engineering Products and Services segment posted over 30% growth.
- Profitability improved through pricing actions and cost optimization despite cost pressures.
Key details
- Voltas maintained a 17.4% market share in Room Air Conditioners as of September 2026, 4.2% ahead of the nearest competitor.
- The RAC segment launched AI-enabled split ACs to meet evolving consumer preferences.
- Voltbek expanded its product lineup with Frost Free Refrigerators and Fully Automatic Washing Machines and achieved 8.8% and 7.0% market share respectively in washing machines and refrigerators.
- The company focused on enhancing manufacturing productivity and localisation to counter commodity inflation and currency challenges.
- Domestic and international projects kept order momentum, with a selective order booking and execution discipline approach.
- The resolution of the Sidra Bank Guarantee matter improved the risk profile of the international projects business.
Highlights
- 29% revenue growth in Unitary Cooling Products in Q2 FY27 driven by Room Air Conditioners.
- 17.4% market share in Room Air Conditioners for year ended September 2026, 4.2% ahead of nearest competitor.
- Consolidated total income for Q2 FY27 at ₹2,746 crores versus ₹2,412 crores in Q2 FY26.
- Profit before tax increased to ₹83 crores from ₹54 crores year-over-year.
- Electro-Mechanical Projects order book surpasses ₹6,800 crores as of September 2026.
- Voltbek achieves record Q2 sales with 8.8% market share in Washing Machines and 7.0% in Refrigerators.
Disclosures
- Limited Review Report by Statutory Auditors accompanying Q2 FY27 results
Source Information
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