Earnings Alerts

Voltas Ltd (VOLT) Earnings: 3Q Net Income Falls Short of Estimates Despite Revenue Surpass

By January 29, 2025 No Comments
  • Voltas reported a net income of 1.32 billion rupees, which was below the estimated 1.58 billion rupees.
  • The company’s revenue stood at 31.05 billion rupees, surpassing the estimated 30.24 billion rupees.
  • The Unitary Cooling segment achieved revenue of 17.71 billion rupees, exceeding the estimate of 17.46 billion rupees.
  • Revenue from Engineering Products & Services was lower than expected, with 1.30 billion rupees compared to the estimated 1.69 billion rupees.
  • Other income for the period was reported at 590.5 million rupees.
  • Shares of Voltas rose by 3%, reaching 1,474 rupees, with 454,464 shares traded.
  • Investment recommendations consist of 19 buys, 11 holds, and 9 sells.

Voltas Ltd on Smartkarma

On Smartkarma, analyst Brian Freitas recently covered Voltas Ltd as part of his focus on the NIFTY200 Momentum30 Index Rebalance Preview. Freitas, known for his investment insights, provided a bullish outlook on the upcoming changes in the index. In his report, Freitas highlighted the potential for 16 constituent changes in December, with significant estimated turnover and trade value involved. He noted that stocks with high trading volumes could see increased activity due to these expected changes.

Freitas emphasized the outperformance of potential index additions compared to the index itself and potential deletions since June. His analysis suggested that this momentum trend could continue leading up to the implementation date of the changes. Investors closely following Voltas Ltd can benefit from Freitas’s research and insights to make informed decisions regarding their investment strategies.


A look at Voltas Ltd Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth3
Resilience4
Momentum2
OVERALL SMART SCORE2.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Voltas Ltd is positioned favorably for long-term prospects. With a solid Resilience score of 4, the company demonstrates a strong ability to weather market fluctuations and challenges. This resilience is further supported by Growth and Dividend scores of 3 each, indicating a balanced approach towards expanding its business and rewarding shareholders. However, the company has room for improvement in terms of Value and Momentum, with scores of 2 in each category.

Voltas Limited, known for its engineering solutions across various industries including HVAC, refrigeration, and construction equipment, appears to have a stable foundation for future growth. While the company shows strength in areas of resilience and growth potential, focusing on enhancing its value proposition and capitalizing on momentum could further uplift its overall performance in the market.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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