India's Voltamp Transformers slides as fourth-quarter profit halves

Voltamp Transformers

05/05/2026 09:54

** Shares of Voltamp Transformers VOTL.NS slump 19.2% to a more than two-week low at 10,121 rupees

** Stock set for its worst day on record, if losses hold

** Electrical transformer maker's fourth-quarter net profit dips 50.5% year-on-year to 479 million rupees ($5.02 million)

** Revenue from operations down 1.2% Y/Y

** More than 360,000 shares change hands vs 30-day avg of 59,966 shares

** Stock rated as "Buy" on average by 7 analysts; median PT at 10,200 rupees - data compiled by LSEG

**YTD, stock up 30%

($1 = 95.3963 Indian rupees)

(Reporting by Brijesh Patel in Bengaluru)

((Brijesh.Patel1@thomsonreuters.com; Ph no. +91 9590227221;))