Also trades as: VOLTAS.BO (BSE) · $vol 1M

₹1,055.00 ($10.96)

+1.80 (+0.17%)

NSE · Industrials · Industrial - Machinery · Tech Score Strong Sell · Power 24 · ₹348.5B mcap · 238M float · 0.390% daily turnover

Revenue

$142.4B -7.6% ▼

5Y CAGR: +13.5%

Gross Profit

$21.5B -37.6% ▼

5Y CAGR: +1.8%

Operating Income

$5.6B -75.2% ▼

5Y CAGR: -14.3%

Net Income

$3.8B -55.3% ▼

5Y CAGR: -6.5%

EPS (Diluted)

$11.36 -55.3% ▼

5Y CAGR: -6.5%

EBITDA

$7.3B -37.1% ▼

5Y CAGR: +1.3%

View Full Income Statement

Line Item	FY2022	FY2023	FY2024	FY2025	FY2026
Revenue	$79.3B	$95.0B	$124.8B	$154.1B	$142.4B
YoY Growth	+5.0%	+19.7%	+31.4%	+23.5%	-7.6%
Cost of Revenue	$59.1B	$73.9B	$98.3B	$119.6B	$120.9B
Gross Profit	$20.3B	$21.1B	$26.5B	$34.5B	$21.5B
Gross Margin	25.5%	22.2%	21.2%	22.4%	15.1%
R&D Expenses	$142M	$162M	$234M	$346M	$0
SG&A Expenses	$7.5B	$8.3B	$9.6B	$11.5B	$15.9B
Operating Expenses	$7.7B	$8.4B	$9.8B	$11.8B	$15.9B
Operating Income	$12.6B	$12.6B	$16.7B	$22.7B	$5.6B
Operating Margin	15.9%	13.3%	13.4%	14.7%	3.9%
Interest Expense	$259M	$296M	$559M	$610M	$868M
Income Before Tax	$7.0B	$3.1B	$4.9B	$11.9B	$5.6B
Tax Expense	$1.9B	$1.7B	$2.4B	$3.6B	$1.9B
Net Income	$5.0B	$1.4B	$2.5B	$8.4B	$3.8B
Net Margin	6.4%	1.4%	2.0%	5.5%	2.6%
EPS (Diluted)	$15.23	$4.08	$7.62	$25.43	$11.36
EBITDA	$7.0B	$5.9B	$4.9B	$11.6B	$7.3B
Shares Outstanding	331M	331M	331M	331M	331M

Line Item	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2	FY2026 Q3	FY2026 Q4
Revenue	$49.2B	$26.2B	$31.1B	$47.7B	$39.4B	$23.1B	$30.7B	$48.9B
Cost of Revenue	$38.9B	$19.4B	$23.8B	$37.5B	$30.8B	$17.6B	$25.9B	$41.4B
Gross Profit	$10.3B	$6.8B	$7.2B	$10.2B	$8.6B	$5.5B	$4.8B	$7.4B
Gross Margin	20.9%	25.8%	23.3%	21.4%	21.8%	23.8%	15.7%	15.2%
R&D Expenses	$0	$0	$0	$346M	$0	$0	$0	$0
SG&A Expenses	$2.0B	$2.4B	$2.3B	$4.8B	$2.3B	$0	$0	$5.4B
Operating Expenses	$2.0B	$2.4B	$2.3B	$5.1B	$2.3B	$5.0B	$3.2B	$5.4B
Operating Income	$8.3B	$4.4B	$4.9B	$5.1B	$6.3B	$460M	$1.6B	$2.0B
Operating Margin	16.8%	16.8%	15.9%	10.6%	16.0%	2.0%	5.1%	4.1%
Interest Expense	$98M	$136M	$155M	$233M	$135M	$200M	$311M	$222M
Income Before Tax	$4.5B	$2.1B	$1.9B	$3.4B	$2.0B	$541M	$1.2B	$1.8B
Tax Expense	$1.2B	$726M	$599M	$1.1B	$621M	$226M	$313M	$711M
Net Income	$3.3B	$1.3B	$1.3B	$2.4B	$1.4B	$343M	$850M	$1.2B
Net Margin	6.8%	5.1%	4.3%	5.1%	3.6%	1.5%	2.8%	2.4%
EPS (Diluted)	$10.10	$4.05	$3.99	$7.28	$4.25	$1.03	$2.57	$3.51
EBITDA	$4.2B	$1.6B	$1.9B	$3.8B	$1.7B	$985M	$2.0B	$2.3B
Shares Outstanding	331M	331M	331M	331M	330M	333M	331M	331M

VOLTAS.NS NSE