Mumbai, May 5: Voltamp Transformers announced its financial results for the fourth quarter of FY26 on Tuesday. The company’s profit for the January-March period has nearly halved year-on-year.
In an exchange filing, the company reported a profit of ₹48 crore for the March quarter, down 50.51% from ₹97 crore during the same period last year.
EBITDA also saw a substantial decline, falling 30% year-on-year to ₹79.77 crore. The margin decreased from 18.63% to 13.17%.
The company’s revenue performance was also disappointing. For the March quarter, Voltamp’s revenue stood at ₹617.22 crore, down from ₹624.81 crore in the same quarter last year.
Due to this weak quarterly performance, the company’s shares experienced a significant drop, closing down 18.79% at ₹10,168 on the National Stock Exchange (NSE). This marks the largest decline in recent months. However, the stock has yielded a return of 13% over the past month, 43% over the last six months, and 24% over the past year.
On an annual basis, Voltamp Transformers demonstrated robust performance, with net sales and service income increasing by 11.34% to ₹2,153.68 crore in FY26.
The company’s board has declared a dividend of ₹100 per share.
Voltamp reported a strong order backlog of ₹1,200 crore for the new financial year, with an additional ₹310 crore in orders received in April.
The company attributed the significant decline in quarterly profit to several factors, including adverse changes in its investment portfolio.
Over the past two years, Voltamp has made substantial investments in long-term government securities and mutual funds, which previously yielded strong mark-to-market gains.
However, during the March quarter, rising yields on long-term government bonds led to negative MTM adjustments, impacting reported profits.
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