Thursday, February 3, 2011

Voltas Q3 net profit down 6.8% at Rs 70.5 cr

Tata group firm Voltas has reported consolidated net profit of Rs 70.5 crore for the quarter ended December 2010, down 6.8% as compared to Rs 75.7 crore in same period the previous year.

Consolidated net sales went up by 5.3% to Rs 1,039 crore from Rs 987 crore (YoY). Operating profit margin came in at 7.6% as against 9.1% on year-on-year basis.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

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