WABAG declares 9M FY 24 – 25 results Consolidated Revenue of Rs. 21,378 Million with YoY PAT growth of 13%
VA TECH WABAG LIMITED, a leading Indian Multinational Technology Company in the water sector announced today its financial results for the quarter and nine months ended 31st December 2024.
9 Months Financial Performance:
* Consolidated Revenue from operations of Rs. 21,378 Mn
* Consolidated EBITDA of Rs. 2,894 Mn; up by 10.8% YoY
* Consolidated PAT of Rs. 1,958 Mn; up by 13.2% YoY
* Standalone Revenue from operations of Rs. 18,353 Mn
* Standalone EBITDA of Rs. 2,639 Mn; up by 6.1% YoY
* Standalone PAT of Rs. 1,723 Mn; up by 5.4% YoY
Net Cash Position:
* Net Cash Position Rs. 2,625 Mn; 8th consecutive quarter of Net Cash Positive
Commenting on the results, Mr. Rajiv Mittal, Chairman & Managing Director, VA TECH WABAG LIMITED said, “We continued our profitable growth journey driven by steady execution and sustainable operating margins. In line with our long term strategy and medium term outlook, we continued our NET CASH POSITIVE position for the eighth consecutive quarter. It also gives us immense happiness that India Ratings & Research, has upgraded our Long-Term Rating to “IND AA-” with a “Stable” Outlook, reaffirming our strong credit profile and healthy revenue visibility. The healthy and robust order pipeline provides us sufficient confidence to continue this growth momentum in alignment with our medium-term outlook”.
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