Voltas Q3 net up 73% at Rs 107 cr

Tata Group firm Voltas Ltd today posted 73.4 per cent rise in consolidated net profit at Rs 107.37 crore for the third quarter ended December 31, 2014.
The company had posted a net profit of Rs 61.92 crore for the same period of previous fiscal.
Net sales of the company, however, declined to Rs 938.97 for the third quarter, as against Rs 1,114.99 crore during the same period of previous fiscal, Voltas Ltd said in a filing to the BSE.
Voltas shares closed at Rs 264.10 apiece on the BSE, up 2.03 per cent from previous close.