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VA Tech Wabag reports 7% rise in Q2 consolidated net profit

VA Tech Wabag has reported results for second quarter ended September 30, 2018.

The company has reported a fall of 18.69% in its net profit at Rs 25.58 crore for the quarter under review as compared to Rs 31.46 crore for the same quarter in the previous year. However, total income of the company increased by 3.14% at Rs 523.90 crore for Q2FY19 as compared Rs 507.93 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 7.21% in its net profit at Rs 35.83 crore for the quarter under review as compared to Rs 33.42 crore for the same quarter in the previous year. However, total income of the company decreased by 15.15% at Rs 752.41 crore for Q2FY19 as compared Rs 886.77 crore for the corresponding quarter previous year.

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