Va Tech Wabag Ltd. Results

Q2FY25 Quarterly Result Announced for Va Tech Wabag Ltd.

Non-Electrical Utilities company Va Tech Wabag announced Q2FY25 results Consolidated Revenue from operations of Rs 13,268 million. Consolidated EBITDA of Rs 1,843 million; up by 19.0% YoY. Consolidated PAT of Rs 1,256 million; up by 30.7% YoY. Net Cash Position Rs 2,220 million. Standalone Revenue from operations of Rs 11,592 million. Standalone EBITDA of Rs 1,708 million; up by 11.3% YoY. Standalone PAT of Rs 1,081 million; up by 6.9% YoY. Net Cash Position Rs 2,123 million. Rajiv Mittal, Chairman & Managing Director, VA TECH WABAG, said: "This quarter has marked another period of profitable growth for Wabag, driven by a focused strategy on technology, EP, industrial, and international projects. It is worth noting that against the preferred bidder status in projects of Rs 60 billion that we communicated during our last investor call, we have already secured over Rs 45 Billion of order intake in this quarter. Our order book stands at over Rs 146 Billion, the highest in our history, comprises a balanced mix of EPC and O&M; projects both in India and Internationally. This strong backlog enhances visibility of future revenues, robust cash flows and a solid margin profile, positioning us well as we enter the second half of the financial year. The order pipeline remains strong, providing us with confidence in our sustained growth trajectory"

Q1FY25 Quarterly Result Announced for Va Tech Wabag Ltd.

Non-Electrical Utilities company Va Tech Wabag announced Q1FY25 results: Consolidated Revenue from operations of Rs 6,265 million Consolidated EBITDA of Rs 813 million; up 23% YoY Consolidated PAT of Rs 550 million; up by 31% YoY Standalone Revenue from operations of Rs 5,459 million Standalone EBITDA of Rs 790 million; up 22% YoY Standalone PAT of Rs 505 million; up by 7% YoY Order Book of -Rs 107 Bn including Framework contracts Commenting on the results, Rajiv Mittal, Chairman & Managing Director, VA TECH WABAG LIMITED said, "I'm happy to report that our growth trend from the last year has continued. With our strategic focus on Industrial, International, EP and O&M; projects, we have consistently improved our operating margins. This quarter around 60% of our revenue came from international projects. Our order book remains robust, exceeding Rs 100 Billion, with a healthy mix of EPC and O&M;, giving us confidence and visibility for future revenue. As we move into the next quarter of the fiscal year, we are optimistic about securing large international projects and maintaining our growth momentum."

FY24 Annual Result Announced for Va Tech Wabag Ltd.

Non-Electrical Utilities company Va Tech Wabag announced FY24 results: Sales and Profitability: Consolidated Revenue from operations of Rs 28,564 million Consolidated EBITDA of Rs 3,768 million; up 8% YoY Consolidated PAT of Rs 2,456 million; up 9% YoY Standalone Revenue from operations of Rs 25,097 million Standalone EBITDA of Rs 3,577 million; up 3% YoY Standalone PAT of Rs 2,358 million; up 8% YoY Order Book: Order Intake of Rs 23.4 Bn Order Book position of over Rs 114 billion including Framework contracts; Providing Robust revenue visibility Cash: Net Cash Position Rs 2,356 million Operational Cash Flow Rs 1,335 million Free Cash Flow Rs 1,683 million Commenting on the results, Rajiv Mittal, Chairman & Managing Director, VA TECH WABAG said, "We continue to deliver Profitable Growth this Year with persistent focus on technology EP, Industrial and International projects. Group continues its strategic approach to remain 'Asset Light'; last year we strategically divested two of our European Subsidiqries and we have also successfully inducted majority Equity Partner in 2 out of 3 HAM SPVs. Our robust order book position which is over Rs 774 Billion, provides confidence of our future revenues. Our healthy mix of EP, O&M; Industrial & International projects in line with our Strategy "Wriddhi" provides us good visibility for the future regarding robust margins and good cash flows. This is the fourth consecutive year we have concluded Net Cash Positive and I am confident that we will continue to remain on this growth path, as we step into the next financial year"

Q2FY24 Quarterly Result Announced for Va Tech Wabag Ltd.

Non-electrical Utilities company Va Tech Wabag announced Q2FY24 results: Consolidated Revenue from operations of Rs 12,178 million Consolidated EBITDA up at Rs 1,636 million (13.4%) Consolidated PAT of Rs 1,102 million ; up by 43% YoY Standalone Revenue from operations of Rs 11,134 million Standalone EBITDA up at Rs 1,534 million (13.8%) Standalone PAT of Rs 1,011 million; up by 70% YoY Order Intake of Rs 13.17 billion Order Book of ~Rs 121 billion including Framework contracts Commenting on the results, Rajiv Mittal, Chairman & Managing Director, Va Tech Wabag, said, "We continued to deliver profitable growth this quarter as well with our persistent focus on industrial, international and multilateral funded projects. Technology focus and cash accretive projects have been reaping the desired benefits and we have been consistently improving our operating margins through execution efficiencies. Our order book position of over Rs 120 billion with a healthy mix of EPC and O&M; provides strong visibility of our future revenues, robust cash-flows and strong margin profile going forward Sustainable Be Profitable growth with a cash-positive status have been our foremost targets and I am confident that we will continue to remain on this growth path, as we step into the second half of the financial year"