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Tata group stock falls 13% after company misses market expectation for Q3 results

A major consumer electronics company posted ₹132 crore net profit for Q3 FY25, with 18% revenue growth to ₹3,105 crore. However, margin decline in its cooling segment led to missed expectations.
Tata group stock drops 13% as the company misses market expectations for Q3 results, disappointing investors.
Tata group stock drops 13% as the company misses market expectations for Q3 results, disappointing investors.

Introduction:

Leading consumer electronics company reported a net profit of ₹132 crore for Q3 FY25, reversing last year’s loss. Revenue rose 18% to ₹3,105 crore, but operational performance and margin decline in the cooling segment disappointed investor expectations.

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Also Read: Stocks To Watch For Budget 2025

Share price movement of Voltas:

On January 30, 2025, Voltas Ltd. opened at ₹1,449.95, down 1.78% from its previous close of ₹1,476.30. The stock reached a high of ₹1,449.95 and a low of ₹1,296.00. By 10:53 AM, it traded at ₹1,309.40, an 11.31% decrease, with a market cap of ₹43,326.05 crore.

Voltas Reports Profit Turnaround in Q3 FY25:

Voltas reported a net profit of ₹132 crore for Q3 FY25, reversing the net loss of ₹30 crore in the same quarter last year. Revenue grew by 18% year-on-year, reaching ₹3,105 crore, surpassing the previous year’s ₹2,626 crore.

While the company returned to profitability, its bottomline missed experts’ estimate of ₹155 crore. Revenue, however, exceeded expectations of ₹3,015 crore. The EBITDA margin for the quarter stood at 6.4%, falling short of the forecasted 7.1%.

The disappointing operational performance was driven by a decline in margins for Voltas’ Unitary Cooling Products (UCP) segment, which posted its lowest margin in 10 years at 5.9%. This caused investor sentiment to dip despite the overall profit growth.

Recent news on Voltas:

As of January 20, 2025, Voltas Ltd. has been selected to avail benefits under the government’s PLI scheme for the white goods sector, with a committed investment of ₹2,299 crore. The scheme aims to boost domestic manufacturing in air conditioners and LED lights.

Stock performance of Voltas for Period of 1 week, 6 months and 1 year:

Voltas Ltd. has experienced a 1.57% decline over the past week and a slight 1.12% drop in the past six months. However, the stock has shown a strong 34.9% growth over the past year, indicating long-term positive performance.

Also Read: Best Sectors To Watch For Budget 2025

Shareholding pattern of Voltas:

All values in %Dec 2024Sep 2024Jun 2024
Promoter30.30%30.30%30.30%
FII21.30%18.10%15.10%
DII34.60%37.50%40.40%
Public13.80%14.20%14.20%
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About Voltas:

Voltas Ltd. (NSE: VOLTAS) is a leading provider of air conditioning, refrigeration, and electro-mechanical services. With over 60 years of expertise, it holds significant market share in room and window ACs, operating 30,000+ touchpoints and 330+ EBOs across India.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

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