Voltas (VOLTAS) Q4 Results: Decline in Net Profit by 19% to ₹116 Crore, Dividend Announced

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Voltas, the air conditioning and engineering services provider, announced a 19% drop in consolidated net profit for Q4FY24.
Despite the drop in net profit, the company’s revenue from operations rose by 42% to ₹4,203 crore.
The board of directors has recommended a dividend of 550% at ₹5 per share, subject to shareholder approval.

Voltas reports a drop in Q4 net profit but sees a significant rise in revenue from operations. The board recommends a hefty dividend, pending shareholder approval.

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