Voltas Q1 FY 11 cons PAT up 18 pc at Rs 93-cr

MUMBAI: Tata group company, Voltas, today said that its sales/income from operations rose 13 per cent to Rs 1,410-crore in Q1 FY 11 as against Rs 1,248-crore in the year-ago period.

Operating profit increased by 19 per cent to Rs 137-crore as against Rs 115-crore in the year-ago period, a press release issued here stated.

PAT was up 18 per cent at Rs 93-crore, as compared to Rs 79-crore in the same period last year.

The company's electro-mechanical projects and services segment's revenue was lower at Rs 693-crore as against Rs 700-crore in the year-ago period, due to slower project implementation by some clients, the release said.

The segment's order-book stands at Rs 5,006-crore as against Rs 4,653-crore at the end of the last financial year.

The revenue of the engineering products and services segment increased by 6 per cent to Rs 120-crore while that of its unitary cooling products for comfort and commercial use rose 41 per cent to Rs 587-crore.