Voltas gains despite reporting consolidated net loss of Rs 6 crore in Q2
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Voltas is currently trading at Rs. 918.00, up by 9.05 points or 1.00% from its previous closing of Rs. 908.95 on the BSE.
The scrip opened at Rs. 892.10 and has touched a high and low of Rs. 927.50 and Rs. 888.15 respectively. So far 100384 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1347.75 on 07-Apr-2022 and a 52 week low of Rs. 857.90 on 17-Oct-2022.
Last one week high and low of the scrip stood at Rs. 927.50 and Rs. 859.00 respectively. The current market cap of the company is Rs. 30406.65 crore.
The promoters holding in the company stood at 30.30%, while Institutions and Non-Institutions held 54.01% and 15.69% respectively.
Voltas has reported results for second quarter ended September 30, 2022.
The company has reported over 9-fold jump in its net profit at Rs 1057.82 crore for the quarter under review as compared to Rs 109.00 crore for the same quarter in the previous year. However, total income of the company decreased by 3.89% at Rs 1474.92 crore for Q2FY23 as compared Rs 1534.60 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported net loss at Rs 6.04 crore for the quarter under review as compared to net profit of Rs 104.29 crore for the same quarter in the previous year. However, total income of the company increased by 5.49% at Rs 1832.74 crore for Q2FY23 as compared Rs 1737.35 crore for the corresponding quarter previous year.
