Voltas Q1 net zooms 167 percent
Tata Group company Voltas consolidated net profit for the first quarter (April-June) of 2014-15 zoomed 167.46 percent or 2.67 times.
The net profit of the company during April-June quarter stood at Rs.108.99 crore compared to Rs.40.75 crore it posted during the corresponding period last fiscal, the company stated in a filing in the Bombay Stock Exchange.
The company's consolidated net sales increased 9.39 percent to Rs.1,752.31 crore during the quarter compared to Rs.1,601.78 crore in the corresponding period last fiscal.
(Posted on 14-08-2014)