The Board of Directors of Voltas announced the unaudited consolidated financial results and segment report for the quarter ended 30 June 2011. The consolidated sales/income from operations for the quarter ended 30 June 2011 was at Rs 1,354 crore as compared to Rs 1,410 crore in the corresponding quarter last year. Operating profit was Rs 109 crore as compared to Rs 137 crore in the corresponding quarter last year. The company has transferred its material handling business effective 1 May 2011 and the profit arising there from forms part of exceptional items. Net profit was higher by 41 per cent at Rs132 crore as compared to Rs 94 crore last year.