Voltas Limited has filed its Annual Report for FY26, reporting a consolidated total income of ₹14,483 crores for the year ended March 31, 2026, compared to ₹15,737 crores in the previous year. Profit after tax amounted to ₹370 crores, a decline from ₹834 crores in FY25, impacted by weather-induced demand disruption, commodity inflation, and geopolitical challenges. The Board has recommended a final dividend of ₹4 per equity share of ₹1 each, subject to shareholder approval at the 72nd Annual General Meeting scheduled for June 30, 2026.

FY26 Financial Performance

The company faced a challenging operating environment, particularly in the first half, due to a subdued summer season and early monsoon onset. The consolidated and standalone financial highlights for the year are detailed below.

Consolidated Financial Results

Standalone Financial Results

Segment Performance

Voltas operates across three reportable segments. Segment A (Unitary Cooling Products) remained the largest revenue contributor, while Segment B (Electro-Mechanical Projects and Services) demonstrated resilience despite geopolitical headwinds.

The Unitary Cooling Products business retained its No. 1 market share position in the Room Air Conditioner (RAC) segment with a 15.9% market share. The Electro-Mechanical Projects and Services segment reported a carry-forward order book of over ₹6,200 crores as of March 31, 2026.

Voltbek and Joint Ventures

Voltbek Home Appliances Private Limited, the joint venture with Arçelik, reported a turnover of ₹2,510 crores for FY26. The venture sold approximately 4 million units during the year, holding a No. 2 position in the semi-automatic washing machine category. Voltas invested ₹98 crores in Voltbek's share capital during the year, bringing its total investment to ₹934.92 crores for a 49% stake.

AGM and Corporate Governance

The 72nd Annual General Meeting will be conducted via Video Conferencing and Other Audio Visual Means (VC/OAVM) on June 30, 2026. The record date for dividend eligibility is June 12, 2026, with payment scheduled on or after July 3, 2026. Remote e-voting commences on June 26, 2026, and concludes on June 29, 2026. The AGM agenda includes the adoption of financial statements, declaration of dividend, and the re-appointment of directors.

Voltas Limited filed its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26, outlining its environmental, social, and governance (ESG) performance and strategic targets. The company reported total energy consumption of 1,55,957.12 GJ, with renewable sources accounting for 6,692.32 GJ. Total greenhouse gas emissions, comprising Scope 1 and Scope 2, stood at 1,96,849.16 tonnes of CO2 equivalent, while total water consumption reached 1,99,510.06 kilolitres.

Sustainability Targets and Governance

The company has aligned its environmental strategy with Project Aalingana, setting ambitious targets to reduce absolute emissions by 25% by 2030 from a 2019–20 baseline. Voltas aims to achieve net-zero emissions by 2045 and ensure water replenishment equivalent to consumption by 2030, progressing to net positive water impact by 2040. Additionally, the company is committed to eliminating waste sent to landfill across its operations by 2030. Governance oversight is provided by the Board-level Safety, Health, and Environment (SHE) Committee.

Operational and Employee Metrics

Voltas operates 5 plants and 37 offices nationally, alongside 6 international offices. The company reported a workforce of 9,494 employees and 6,878 workers. Safety performance indicated a Lost Time Injury Frequency Rate (LTIFR) of 0.02 for workers, with no fatalities recorded during the year. The company spent 0.14% of its total revenue on employee well-being measures. Value chain assessments covered 52.23% of material suppliers by business value for environmental and social compliance.

Environmental Performance Data

The following table summarizes key environmental metrics for FY26:

Stakeholder Engagement and Assurance

The company identified key stakeholder groups including employees, communities, customers, and investors, engaging through various channels such as town halls, surveys, and feedback mechanisms. TUV India Pvt Ltd provided reasonable assurance for the BRSR Core disclosures, confirming compliance with SEBI regulations and the GHG Protocol. The assurance engagement covered nine attributes, including greenhouse gas footprint, water footprint, and employee well-being.