VA Tech WABAG Q4 Results: Firm records standalone net loss of Rs 95 crore

Water treatment company, VA Tech WABAG Ltd, has reported a loss of Rs 95.48 crore for the fourth quarter ending March 31, 2023. The company experienced a standalone profit of Rs 32.14 crore in the same quarter last year. The standalone total income during the quarter was Rs 750.87 crore, an increase from Rs 665.53 crore last year. The company reported a standalone total income of Rs 2,385.87 crore for the year ending March 31, 2023. VA Tech WABAG’s chairman and managing director, Rajiv Mittal, noted the company’s commitment to delivering profitable growth and generating net-cash positive for the third consecutive year.