Voltas shares climb over 3% after Q4 net profit doubles to Rs 241 crore

Voltas shares climbed as much as 3.5% on Thursday to Rs 1287.6 on the BSE after the company reported a strong year-on-year performance for the March quarter, with net profit jumping 108% to Rs 241 crore, compared to Rs 116 crore in the same period last year.

Revenue rose 13.4% YoY to Rs 4,768 crore, up from Rs 4,203 crore, though it came in below analyst expectations of Rs 4,897 crore. Total income for Q4 FY25 increased 14% to Rs 4,847 crore from Rs 4,257 crore in the year-ago period.

EBITDA surged 74.6% to Rs 332.8 crore from Rs 191 crore, but still missed the Street estimate of Rs 354 crore. The operating margin improved to 7% from 4.5% a year ago, slightly below the expected 7.2%.

The company’s board has recommended a dividend of Rs 7 per equity share for FY25.

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Voltas shares price target

As per Trendlyne data, the average target price of the stock is Rs 1,548, which shows an upside of 24% from the current market prices. The consensus recommendation from 36 analysts for the stock is a 'Buy'.

Technically, the stock’s Relative Strength Index (RSI) stands at 42.2. An RSI below 30 indicates an oversold condition, while above 70 signals overbought levels. The Moving Average Convergence Divergence (MACD) is at -34.0, which is below both its signal line and the center line—considered a bearish indicator.

Voltas shares are currently trading below their 10-day, 20-day, 30-day, 50-day, 100-day, 150-day, and 200-day simple moving averages (SMAs).

Voltas share price performance

On Wednesday, Voltas shares closed 1.2% higher at Rs 1,244.4 on the BSE, while the benchmark Sensex rose 0.13%. The stock has declined 32% year-to-date but gained 55% over the past two years. Its current market cap stands at Rs 41,176 crore.

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