Voltas

D'Souza, an industry veteran with three decades of experience in the consumer space, joined the Voltas board as a non-executive director in May 2026

Sunil D'Souza joined Tata Group in April 2020 as Managing Director and CEO of Tata Consumer Products, after the merger of Tata Global Beverages and the consumer products business of Tata Chemicals

Analysts at Emkay retained 'Buy' rating on Voltas with a target price of ₹1,500 as valuations remain attractive and the stock trades near the lower end of the historical range.

Noel N Tata, Chairman of Tata Trusts, has been appointed as Chairman Emeritus of Voltas, a day after he retired as Chairman and Director of the leading cooling products maker. Noel Tata will retire as Chairman and Director of Voltas Ltd on November 11, 2026, upon attaining the age of superannuation under Tata Group governance guidelines. Following his retirement, "the Board has appointed him as Chairman Emeritus of the Company with effect from November 12, 2026," said Voltas, a Tata Group firm, in its regulatory filing. The Companies Act 2013 mandates that any managing director or whole-time director cannot be appointed or continue employment if they are 70 years of age or older. Noel Tata, who was born on November 12, 1956, will turn 70 on November 12, 2026. He has been associated with Voltas since 2003. Additionally, the board has appointed Sunil D'Souza as the new Chairman of Voltas. D'Souza currently leads the Tata Group's FMCG arm, Tata Consumer Products Ltd (TCPL), as Mana

Voltas' Q2FY27 revenue rose 15.3% to ₹2,706.57 crore, led by 29% growth in its unitary cooling products business, while the projects segment reported a decline

Titan and TCS led declines in Tata Group stocks as investor sentiment weakened amid broader market volatility and uncertainty over Tata Sons' listing

Voltas prioritises market share and absolute profit as high input costs weigh on margins, while betting on data centres and backward integration for growth

Voltas grew RAC volumes 45 per cent Y-o-Y and increased market share, but low margins remain a concern as analysts cut earnings estimates and await margin expansion

Following the earnings announcement, Elara lowered the earnings per share (EPS) estimates by 8 per cent for FY28 as near-term margin pressures persist due to geopolitical tensions.

Voltas has raised AC prices despite the monsoon slowdown. Here's what is driving the increase, why other brands may follow, and what it means for consumers

As per reports, Voltas has increased prices across the RAC portfolio by 2.5 per cent to 3 per cent.

Almost a week after stepping down as chairman of Trent, Noel Tata announced on Tuesday that he would also relinquish the chairmanship of another Tata group firm, Voltas. Addressing shareholders of the leading cooling products maker in its 72nd annual general meeting (AGM), Noel Tata, 69, said this would be his last AGM as Chairman of Voltas. "As you might be aware, this will be my last annual general meeting as Chairman," Noel Tata said in his address to shareholders. He said the company has developed its next generation of leaders through a combination of internal promotions and lateral hiring and expressed confidence in the management's ability to drive future growth. "The company has developed our next generation of leaders, from both in-house promotions and lateral hires. I am confident that with the close cooperation of seasoned practitioners and new talent, your company will continue to take big strides in all business segments," he said. Thanking shareholders, employees an

Air-conditioner and refrigerator makers reported strong volume and value growth as prolonged heat and delayed monsoon boosted demand despite multiple price hikes

Voltas crosses 1 mn AC sales in record time: Looking ahead, the outlook for FY27 remains positive, supported by India's underlying growth trajectory and favourable structural drivers, Voltas said.

Voltas said robust consumer demand, an expanded distribution network and marketing initiatives helped it cross the 1 million air-conditioner sales mark in record time during FY27

Leading room air conditioner maker Voltas said it has crossed the milestone of selling one million units within the first three months of the ongoing 2026-27 financial year. The Tata Group company claimed it has achieved the landmark in record time and further strengthened its leadership position in the Indian room air conditioner (RAC) market. In 2023-24, Voltas claimed to have achieved the two-million RAC sales milestone, which was the industry's first. Earlier in April this year, rival LG Electronics India also announced that it has crossed the one-million air-conditioner sales mark in the first quarter of calendar year 2026, ahead of the peak summer season, underscoring strong demand momentum in the country's RAC market. The Indian RAC industry size is estimated to be approximately 12.5 -14 million units annually. Voltas attributed the milestone to a series of strategic initiatives undertaken over the past year, including a refreshed product portfolio with differentiated offer

Shares of air-conditioner makers jumped up to 5 per cent on Wednesday as a delayed monsoon and persistent heatwave boosted demand expectations.

Voltas Ltd, the air-conditioning maker and engineering services provider, on Thursday reported a 51.87 per cent decline in its consolidated net profit to Rs 113.43 crore for the March quarter of FY26. It had posted a consolidated net profit of Rs 235.69 crore a year ago, according to a regulatory filing by the Tata Group firm. Voltas' revenue from operations was Rs 4,887.83 crore in the March quarter against Rs 4,767.56 crore in the year-ago quarter. Total expenses of Voltas increased 5.3 per cent to Rs 4,709.95 crore in the March quarter. Voltas total income, which includes other income, rose 1.7 per cent to Rs 4,930.46 crore in the fourth quarter of FY26. In the March quarter, Voltas' revenue from "unitary cooling products for comfort and commercial use", which has room AC business, inched up 1 per cent at Rs 3,493.44 crore. It was Rs 3,458.43 crore in the corresponding period of the last fiscal. "Despite geopolitical-related disruptions creating volatility in raw material ...

Q4FY26 company results: Firms including Apollo Tyres, Muthoot Finance, Indian Railway Finance Corporation, and Tata Motors Passenger Vehicles are also to release their January-March earnings today

Following the announcement, the Nifty Consumer Durables index surged 4.48 per cent to hit 35,678 levels during intraday trading on Wednesday