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Voltas Q4 Review - Steep Competitive Pressures Impacting Market Shares As Well As Margins: ICICI Securities

Voltas reported consolidated Ebitda margin of 6% in FY23, lowest in past nine years and its market share has declined in Feb-2023

<div class="paragraphs"><p>A Voltas air conditioner on display inside Vijay Sales. (Source: Usha Kunji /BQ Prime)</p></div>
A Voltas air conditioner on display inside Vijay Sales. (Source: Usha Kunji /BQ Prime)
BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy. 
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