Tata group's appliances company to report Q2 earnings next week: Here's what you can expect

Voltas- the country's leading home electronics and appliances company is scheduled to report its September quarter earnings on October 29 (Tuesday). Zee Business research estimates the Tata group company to post a strong Q2 show. For the review period, consolidated PAT is estimated to rise 262 per cent year-on-year (YoY) to Rs 133 crore as against Rs 37 crore during the same period last year.

The consolidated revenue is seen to clinch 12.4 per cent on-year growth and is estimated at Rs 2,577 crore as against Rs 2,293 crore reported during the same period last year.

Meanwhile, EBITDA or Earnings Before Interest, Taxes, Depreciation, and Amortization- a financial metric for computing the company's profitability is also expected to soar 142 per cent on-year to Rs 170 crore. During Q2FY24, the company's EBITDA stood at Rs 70 crore.

Margins, likewise are estimated to swell sharply by 3.5 per cent or 350 bps to 6.6 per cent during the July-September quarter of the ongoing fiscal year 2024-2025. In the year-ago period, the margins were reported 3.1 per cent.

Segment-wise growth estimates 

The Unitary Cooling products (UCP) business of the company is seen to log 12 per cent revenue growth, while EBIT margin for the segment is estimated at 8 per cent. Furthermore Voltas' Engineering Products and Services business revenue for the review period is estimated to increase by 12 per cent in comparison to the year-ago quarter. 

The Electro-Mechanical Projects and Services (EMPS) business revenue is expected to increase by 15 per cent on-year during the September quarter.

Voltas Q1FY25 results

In the June quarter, net profit at the company rose 159 per cent on-year to Rs 334.23 crore. Sales during the quarter also increased 47.03 per cent to Rs 4,903.91 crore as against Rs 3,335.34 crore during the previous quarter ended June 2023.