Va Tech Wabag Q3 consolidated net up 35% to ₹63 cr.

2 months ago 113

Va Tech Wabag Ltd. (Wabag) on Friday reported a 35% increase in its consolidated Q3 net profit over the earlier year to ₹63 crore due to new and large projects gaining traction.

Revenue from operations increased to ₹704 crore from ₹651 crore, said the city-based water technology firm in a statement.

Order intake stood at ₹1,762 crore and it had an order book of ₹11,900 crore, including framework contracts.

“As we step into the last quarter of the fiscal year, we are confident to maintain the momentum and finish the year on a good note,” said CMD Rajiv Mittal.

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