500575

- Voltas Ltd received an order dated 9th October 2026 from the GST Authority dropping a show cause notice. - The original notice alleged wrongful availment of Input Tax Credit and short payment of tax amounting to ₹15.43 crores plus interest and penalty of ₹14.79 crores for FY 2022-23. - The GST Authority accepted the company's submissions, granting complete relief.

- Trading window for dealing in company securities to close from September 24, 2026. - Will reopen 48 hours after declaration of unaudited financial results for the quarter and half year ending September 30, 2026.

- Voltas received a Show Cause Notice on Sep 18, 2026, from State Tax Dept. - Alleges wrongful Input Tax Credit and short tax payment for FY22-23. - Total demand (tax, interest, penalty) is ~₹30.22 crores. - Company is evaluating the notice; no material impact expected.

- Voltas Limited has scheduled one Group Institutional Analysts Meet and two One-on-One Institutional Investor Meets. - The meetings are scheduled for 22nd September, 2026.

- Qatar's Court of Cassation dismissed OHL&C's appeal on August 30, 2026, upholding the May 4, 2026 order. - This order favors Voltas for outstanding payments and return of Bank Guarantees. Voltas is pursuing recovery.

- Voltas reported strong Q1 FY27 performance, outperforming competition with consolidated income growing by 18.5% YoY to ₹4,765 crores and Net Profit (PAT) growing by 51.1% YoY to ₹213 crores. - Achieved 17.3% secondary market share in room air conditioning for Q1 FY27, widening its lead over competitors by 4 percentage points. - RAC volumes grew 45% YoY, significantly outperforming the industry. - Entered a 50-50 joint venture with Atomberg Innovation to indigenously manufacture high-efficiency RAC compressors, with commercial production expected in 18 months, to secure supply chain and reduce import dependency. - The Projects business (Segment B) has a carryover order book of ₹6,345 crores as of June 30, 2026, providing revenue visibility. - Management indicated that the aspirational EBITDA breakeven for Voltbek might be pushed over by a few quarters due to external factors like the West Asia crisis impacting commodity prices. - The company has largely passed on cost increases (10-12%) to the market.

- Audio recording of the Q1FY27 Earnings Conference Call held on August 14, 2026, is now available on Voltas' website. For access: https://www.voltas.in/storage/Investor/schedule-announcements/audio/10046591.mp3

- Q1 FY27 Consolidated Total Income ₹4,765 Cr vs ₹4,021 Cr (▲18.50% YoY) - PBT ₹285 Cr vs ₹203 Cr (▲40.39% YoY) - PAT ₹213 Cr vs ₹141 Cr (▲51.06% YoY)

- Voltas Limited and Atomberg Innovation Private Limited are forming a Joint Venture. - The JV will manufacture high-efficiency Room AC Compressors and parts in India. - Voltas will serve as the anchor customer, with Atomberg providing the technology. - The partnership aims to strengthen indigenous technology capability and supply chain resilience.

- Q1 FY27 Consolidated Revenue ₹4,764.74Cr vs ₹4,020.65Cr (▲18.5% YoY) - EBITDA ₹228.28Cr vs ₹152.65Cr (▲49.6% YoY) - PAT ₹212.76Cr vs ₹140.61Cr (▲51.3% YoY) - EBITDA Margin 4.79% vs 3.79% (▲100bps)

- Voltas Limited's Board approved a Binding Term Sheet for a Joint Venture with Atomberg Innovation Private Limited. - The JV aims to develop, manufacture, and commercialize Room Air Conditioner compressors in India. - This initiative focuses on building indigenous compressor technology, strengthening supply chain resilience, and increasing localization. - The Joint Venture is proposed to be held on an equal shareholding basis.