Voltas shares drop 5 pc after Q4 earnings

New Delhi, May 08, 2024.

Shares of air conditioning and engineering services provider Voltas Ltd on Wednesday ended 5 per cent lower after the company reported a 22.75 per cent decline in consolidated net profit for the fourth quarter ended March 31, 2024.

The stock plunged 9.13 per cent to Rs 1,261.65 during the day on the BSE. Later, it ended at Rs 1,319.10, a decline of 4.99 per cent.

At the NSE, it dropped 9.15 per cent to Rs 1,262 apiece during the day. The stock ended at Rs 1,323.15, lower by 4.75 per cent.