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VOLTAS — Voltas News Story

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India's Voltas drops on Q2 profit slump

** Voltas VOLT.NS falls 2.3% to 1,299.3 rupees

** Cooling equipments maker's Q2 profit plummets 74% y/y, hurt by lean summer in the country, deferred purchase decisions due to GST cut; rev down 10.4%

** Stock rated "hold" on avg; median PT is 1,417.5 rupees, per data compiled by LSEG

** YTD, VOLT down 27.8%

 (Reporting by Aleef Jahan in Bengaluru)

 ((aleefjahan.cs@thomsonreuters.com))

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