Q4 results of Voltas: Total income increased 1.33% to Rs 2,120.02 crore, the company saidVoltas shares recovered early losses to trade higher in late morning deals on Friday, a day after the Tata group company reported its earnings for the quarter ended March 31.
On the National Stock Exchange (NSE), the Voltas share price rose about1.01 per cent to Rs579.90 apiece, compared to the previous close of Rs 574.10.
On the Bombay Stock Exchange (BSE), the Voltas stock price0.85 per cent to hit an intraday high of Rs578.10 apiece.In a regulatory filing post-market hours on Thursday, Voltas reported a net profit of Rs139.61 crore for the last quarter of financial year 2018-19, down 27.53 per cent compared to Rs 192.65 crore for the corresponding period a year ago.Total income increased 1.33 per cent to Rs2,120.02 crore in the quarter ended March 31, as against Rs 2,092.17 crore in the year-ago period, the company said.At 11:08 am, Voltas shares traded 0.55 per cent higher at Rs 577.25 apiece on the NSE, outperforming the benchmark Nifty index which was up 0.19 per cent.Get the latest election news, live updates and election schedule for Lok Sabha Elections 2019 on TheIndianSubcontinent.com/elections.
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