New Delhi, Apr 26 (PTI) Air conditioning and engineering services providing firm Voltas Ltd on Wednesday reported a decline of 21.6 per cent in its consolidated net profit to Rs 143.23 crore in the fourth quarter ended March 2023.

The Tata group firm had posted a consolidated net profit of Rs 182.71 crore in the January-March quarter last fiscal, Voltas said in a regulatory filing.

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Its revenue from operations was up 11.5 per cent at Rs 2,936.76 crore during the period under review as against Rs 2,633.72 crore in the year-ago period.

Its total expenses were at Rs 2,761.45 crore, up 13.75 per cent, in the March quarter.

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Shares of Voltas Ltd on Wednesday settled 1.36 per cent up at Rs 855.05 apiece on the BSE.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)