VA Tech Wabag consolidated Q1 net up 39.7% to Rs 14.21 crore

Image
Press Trust of India Chennai
Last Updated : Aug 09 2018 | 8:20 PM IST

Water treatment company VA Tech Wabag Ltd today said its consolidated net profit for April-June period grew by 39.7 per cent to Rs 14.21 crore.

The city-based firm registered consolidated net profit at Rs 10.17 crore during the corresponding quarter of previous year.

For the financial year ending March 31, 2018, the consolidated net profit stood at Rs 147.05 crore, Va Tech Wabag said in a BSE filing.

The consolidated total income for the quarter ending June 30, 2018 grew to Rs 688.50 crore from Rs 670.52 crore.

For the year ending March 31, 2018, consolidated total income stood at Rs 3,462.93 crore.

Company Managing Director Rajiv Mittal said, "We are pleased about continuing to strengthen our global presence through efficient execution of key products across the group."

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 09 2018 | 8:20 PM IST

Next Story