Voltas500575Consumer durables, air
Voltas stock fell after weak Q2 results with widening losses in consumer segment and withdrawn guidance
By ScoutQuest · · 1 min read
- Margin decline
- 700 basis points
- Previous FY27 capex guidance
- 660 crore rupees
Heard on business television between 15:22:20 - 15:25:20 IST.
- Q2 margins fell 700 basis points due to higher costs in consumer business vertical and rising employee costs.
- Consumer segment profitability remained under pressure; management withdrew earlier FY27 Q4 breakeven guidance and will reassess timeline.
- FY27 capex guidance of 660 crore rupees to be revised lower as capacity utilization in consumer vertical remains weak.
- Management indicated a possible fund raise in FY28.
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