Voltas‘ share price was down in the red on Tuesday ahead of the company’s earnings scheduled later today. On average, analysts expect the company to post a revenue of ₹2,619 crore. They expect profit to rocket 236% to ₹121 crore.

What To Expect: In its Q2 preview for Voltas, PL Capital anticipates a 12% year-on-year revenue growth in the unitary cooling products (UCP) segment due to improving demand.

However, the Beko segment is expected to continue reporting losses, while the electro-mechanical projects and services (EMPS) division is projected to see a 13% year-on-year increase, leading to a consolidated revenue growth forecast of 11.1% with an EBITDA margin expansion of 270 basis points to 5.8%.

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Motilal Oswal shares a similar outlook, forecasting a 9% year-on-year revenue growth for Voltas, with the UCP, EMPS and professional electronics and industrial systems (PES) segments expected to grow by 8%, 11%, and 10%, respectively.

It estimates a significant EBITDA increase of 109% year-on-year to ₹150 crore, with the operating profit margin (OPM) expanding by 2.8 percentage points to 5.9%.

PhillipCapital India also expects strong revenue growth, particularly driven by the new RAC plant in Chennai despite a seasonal lull. It projects EBITDA growth of 95% year-on-year due to a lower base from EMPS losses in the same quarter last year, with an EBITDA margin improvement of 150 basis points.

It expects PAT to surge by 186% year-on-year, supported by positive EBIT margins in EMPS compared to losses in the corresponding quarter last year.

Price Action: Voltas’ share price was down 1.74% to trade at ₹1,731.50 in early trade on Tuesday.

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