Air conditioning maker and engineering services provider Voltas Ltd has reported a consolidated net profit of Rs 130.76 crore for the third quarter ended December 2024.
Voltas reports a net profit of Rs 130.76 crore in Q3 FY25, a significant turnaround from last year. The company also announced the resignation of its Managing Director and CEO, Pradeep Bakshi, ...
Voltas Ltd reported a significant turnaround, achieving a consolidated net profit of Rs 130.76 crore in Q3 2024, contrasting with a loss in Q3 2023. Revenue surged 17.9%, while expenses grew 12%.
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Voltas Managing Director and CEO Pradeep Bakshi will be stepping down on completing his term in August, the company has said.
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Pradeep Bakshi steps down as Voltas MD and CEO after over 20 years, with Mukundan Menon set to succeed him from September.
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