November 25, 2014 8:41 PM ET

Construction and Engineering

Company Overview of Voltas Ltd.

Company Overview

Voltas Limited provides engineering solutions and project services in India, the Middle East, Singapore, and internationally. It operates through Electro-Mechanical Projects and Services, Engineering Products and Services, Unitary Cooling Products for Comfort and Commercial Use, and Others segments. The company undertakes electro-mechanical and instrumentation projects; and offers engineering products and services for textile machinery and mining and construction equipment. It also provides mining and construction machinery, including mining excavators, dump trucks, track mounted crushers, screens, crawler and tower cranes, concrete batching plants, sand washing systems, conical thickener an...

Voltas House

A Block

Dr. Babasaheb Ambedkar Road

Chinchpokli

Mumbai,  400033

India

Founded in 1954

Phone:

91 22 6665 6666

Fax:

91 22 6665 6311

Key Executives for Voltas Ltd.

Managing Director
Age: 61
Total Annual Compensation: $4.3M
Compensation as of Fiscal Year 2014.

Voltas Ltd. Key Developments

Voltas Limited Reports Unaudited Consolidated and Standalone Earnings Results for the Second Quarter and Six Months Ended September 30, 2014

Voltas limited reported unaudited consolidated and standalone earnings results for the second quarter and six months ended September 30, 2014. For the quarter, the consolidated basis, the company reported net sales /income from operations of INR 9,689.2 million against INR 10,765.3 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 708.4 million against INR 363.2 million a year ago. Profit from ordinary activities before tax was INR 852.8 million against INR 620.1 million a year ago. Net profit from ordinary activities after tax was INR 501.5 million or INR 1.51 per basic and diluted share against INR 423.8 million or INR 1.28 per basic and diluted share a year ago. For six months, the consolidated basis, the company reported net sales/income from operations was at INR 27,212.3 million as compared to INR 26,783.1 million in the corresponding period last year. Profit from operations before other income, finance costs and exceptional items was INR 1,966.7 million against INR 807.4 million a year ago. Profit from ordinary activities before tax was INR 2,320.8 million against INR 1,214.9 million a year ago. Net profit from ordinary activities after tax was INR 1,604.2 million or INR 4.80 per basic and diluted share against INR 829.1 million or INR 2.51 per basic and diluted share a year ago. For the quarter, the standalone basis, the company reported net sales of INR 9,523.2 million against INR 9,925.4 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 582.2 million against INR 282.5 million a year ago. Profit from ordinary activities before tax was INR 1,143.7 million against INR 636.0 million a year ago. Net profit from ordinary activities after tax was INR 819.0 million against INR 454.4 million a year ago. Basic and diluted earnings per share were INR 2.48 against INR 1.37 a year ago. For the six months, the standalone basis, the company reported net sales of INR 26,886.9 million against INR 25,385.3 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 1,244.6 million against INR 329.8 million a year ago. Profit from ordinary activities before tax was INR 2,033.2 million against INR 1,081.6 million a year ago. Net profit from ordinary activities after tax was INR 1,434.2 million against INR 772.5 million a year ago. Basic and diluted earnings per share were INR 4.33 against INR 2.33 a year ago.

Voltas Ltd., Q2 2015 Earnings Call, Nov 17, 2014

Voltas Ltd., Q2 2015 Earnings Call, Nov 17, 2014

Voltas Ltd. to Report Q2, 2015 Results on Nov 13, 2014

Voltas Ltd. announced that they will report Q2, 2015 results on Nov 13, 2014

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
November 24, 2014
Voltas Ltd., 7 Acres of Land Parcel at Pokhran Road 2, Thane
 

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