Revenue rose 18.7% year-on-year to ₹4,673.5 crore from ₹3,938.6 crore in the year-ago quarter.
The company’s earnings before interest, tax, depreciation and amortisation (EBITDA) increased 48.7% to ₹265.5 crore, compared with ₹178.5 crore a year earlier. The EBITDA margin stood at 5.7%, compared with 4.5% in the corresponding quarter last year.
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The company achieved a 17.3% secondary market share in Room Air Conditioners (RAC) for FY27 up to June 2026, widening its lead over the nearest competitor to 4 percentage points as of YTD June 2026. Voltas also sold 1 million RACs in 81 days during the quarter.
The company attributed the RAC performance to investments in brand building and marketing, product innovation, channel expansion, manufacturing capacity and supply chain agility.
Unitary Cooling Products
The Unitary Cooling Products (UCP) segment delivered 33% growth, led by the RAC business. RAC volumes increased 45% year-on-year, outperforming the industry and key competitors.
The company said the increase was supported by brand investments, differentiated products, product management, expanding channel reach and manufacturing and supply chain execution.
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Voltbek records highest-ever quarterly sales
Voltbek continued its growth trajectory in the first quarter, substantially outgrowing the industry and recording its highest-ever quarterly sales in both value and volume.
The business achieved a 9.4% YTD market share in washing machines and 7.4% in refrigerators. Growth was supported by refreshed product line-ups across premium frost-free refrigerators and fully automatic washing machines, along with an expanding retail footprint, deeper channel penetration, improved in-store visibility and stronger consumer engagement.
Voltbek is focusing on product segmentation, premiumisation, innovation, localisation and sourcing efficiencies, with the objective of strengthening market share and improving profitability.
Projects business maintains order momentum
The Electro-Mechanical Projects and Services segment continued to provide stability to Voltas’ diversified portfolio. The domestic projects business maintained strong order momentum during the quarter, securing wins across key growth sectors while selectively pursuing fast-track and value-accretive opportunities. Execution discipline, project controls and cash flow management remained areas of focus.
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In international projects, Voltas continued to manage risks arising from the geopolitical environment while maintaining continuity across key projects and customer engagements. New order booking remained delayed following the impact of the conflict in the Middle East, with the business maintaining a disciplined approach towards risk and opportunity selection.
As of June 30, 2026, the carry-forward order book for Segment B stood at over ₹6,345 crore, providing revenue visibility across domestic and international projects.
Engineering products and services grow in double digits
The Engineering Products and Services segment delivered high double-digit topline growth.
The Mining and Construction Equipment Division saw growth supported by sustained demand for crushing and screening equipment, continued operations and maintenance contracts and stable performance from Mozambique. The division also continued to build its service annuity business through deeper customer engagement and lifecycle support.
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The Textile Machinery Division delivered double-digit growth despite a challenging operating environment, supported by steady execution and continued focus on after-sales, spinning accessories and services. Early signs of improvement in order booking indicated a gradual revival in market sentiment.
Shares of Voltas Ltd ended at ₹1,325.00, up by ₹36.30, or 2.82%, on the BSE.
