Voltamp Transformers shares slumped 10% to ₹9,299 on Tuesday, before clawing back most of the loss to ₹10,186 by 1:30 pm—a 1.9% dip from the open.
The drop followed the company’s Q2 earnings release, which reported a 7.8% YoY increase in net profit to ₹85 crore, up from ₹78.85 crore a year earlier.
Revenue from operations surged 41.8% YoY to ₹684.2 crore, compared with ₹482.6 crore a year earlier. EBITDA rose 13.2% to ₹106 crore, but the margin contracted to 15.5% from 19.4% in Q1—a 390‑basis‑point slide, though it improved sequentially from 12.8% in the June quarter.
Other income fell 46.3% YoY to ₹7.9 crore from ₹14.7 crore a year earlier, weighing on net profit. For the first half of FY27, revenue climbed to ₹1,227.98 crore from ₹906.14 crore, while net profit rose to ₹176.31 crore from ₹158.40 crore.
The stock remains bullish YTD, up 31% since January and over 41% in the last 12 months, despite the recent 10% swing. Investors will monitor next quarter’s guidance and the broader transformer sector outlook for signals of sustained demand.