VA Tech Wabag has announced its financial results for the quarter and half-year ending September 30, 2023, reporting impressive figures:
Sales and Profitability:
- Consolidated Revenue from operations: Rs. 12,178 million
- Consolidated EBITDA: Rs. 1,636 million (13.4% increase)
- Consolidated Profit After Tax (PAT): Rs. 1,102 million (43% YoY increase)
- Standalone Revenue from operations: Rs. 11,134 million
- Standalone EBITDA: Rs. 1,534 million (13.8% increase)
- Standalone PAT: Rs. 1,011 million (70% YoY increase)
Order book:
- Order Intake: Rs. 13.17 billion
- Order Book: Rs. 121 billion, including Framework contracts
Mr. Rajiv Mittal, Chairman & Managing Director of VA TECH WABAG LIMITED, expressed confidence in their growth trajectory, emphasizing a focus on industrial, international, and multilaterally funded projects. Their strong order book position and commitment to sustainable, profitable growth with a positive cash flow are expected to continue in the second half of the financial year.
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