Voltas shares rise 2.5% after Q2 profit jumps 51.4%
In short
Voltas shares gained 2.5% after its Q2 FY27 results. Net profit rose 51.4% to ₹47.71 crore and revenue increased 15.3% to ₹2,706.57 crore.
Room air conditioners drove the growth, while project revenue fell. Brokerages were divided, with target prices from ₹1,160 to ₹1,500.
What the reporting says
Voltas shares rose 2.5% after the company reported Q2 FY27 net profit of ₹47.71 crore, up 51.4% year on year, and revenue of ₹2,706.57 crore, up 15.3%. Room air conditioners led growth, while project revenue fell. Brokerages were split on the stock, with target prices ranging from ₹1,160 to ₹1,500.
Why it matters
Voltas reported stronger Q2 FY27 numbers, with profit and revenue both rising and room air conditioners driving growth. The stock moved up 2.5% as investors reacted to the results, while project revenue was a weaker spot. The brief also notes mixed brokerage views, with target prices spanning ₹1,160 to ₹1,500, which is relevant for traders and shareholders.