Voltas Q1 FY26 net profit plunged 58% YoY to Rs 140.61 crore, hit by mild summer, early monsoon, and high base.

• Revenue dropped 20.22% YoY to Rs 3,912.29 crore, with cooling products segment down 24.57% due to weak seasonal demand.
• Electro-mechanical projects revenue fell 2.87% YoY, though timely execution and cost controls helped maintain operational efficiency.
• Engineering products and services revenue declined 15.8% YoY, while promotional efforts to boost sales pressured margins further.