Air conditioning and engineering services firm Voltas reported a drop in
standalone net profit for the quarter ended December 2008.

During the quarter, the profit of the company declined 10.19% to Rs 424.10
million from Rs 472.20 million in the same quarter last year.

Net sales for the quarter rose 30.27% to Rs 8,660.10 million, while total
income for the quarter rose 29.86% to Rs 8,761.90 million, when compared
with the prior year period.

The company reported earnings of Rs 1.28 a share during the quarter,
registering 10.49% decline over prior year period.


  *Quarterly Results - Standalone (Rs in mn)* *As at* *Dec - 08* *Dec - 07*
*%Change* *Net Sales* 8,660.10 6,647.60 30.27 *Net Profit* 424.10 472.20
(10.19) *Basic EPS* 1.28 1.43 (10.49)

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