Va Tech Wabag consolidated net profit declines 31.65% in the March 2019 quarter

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Sales decline 34.53% to Rs 679.25 crore
Net profit of Va Tech Wabag declined 31.65% to Rs 40.77 crore in the quarter ended March 2019 as against Rs 59.65 crore during the previous quarter ended March 2018. Sales declined 34.53% to Rs 679.25 crore in the quarter ended March 2019 as against Rs 1037.48 crore during the previous quarter ended March 2018.For the full year,net profit declined 20.14% to Rs 105.02 crore in the year ended March 2019 as against Rs 131.51 crore during the previous year ended March 2018. Sales declined 19.56% to Rs 2780.96 crore in the year ended March 2019 as against Rs 3457.28 crore during the previous year ended March 2018.
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First Published: May 22 2019 | 1:36 PM IST