VA Tech Wabag Limited — Updates, 07-02-2025: Press Release
The Board of VA Tech Wabag Limited has approved its financial results for the quarter and nine months ended December 31, 2024. The company reported consolidated revenue of ₹21,378 million, marking a year-on-year growth of 13.2% in profit after tax (PAT) to ₹1,958 million, while EBITDA rose by 10.8% to ₹2,894 million. Standalone results showed revenue of ₹18,353 million with PAT increasing to ₹1,723 million, up 5.4% year-on-year.
The company maintains a positive net cash position of ₹2,625 million for the eighth consecutive quarter. The Chairman & Managing Director highlighted a robust order pipeline and the recent upgrade of their long-term rating to "IND AA-" from India Ratings & Research, indicating strong creditworthiness and a stable outlook. Overall, the financial performance and strategic positioning suggest a positive outlook for growth and continued profitability.
