Water treatment player VA Tech Wabag has registered an 8.51 per cent rise in its consolidated net profit at Rs 15.42 crore for the September quarter. The Chennai-based company had logged a consolidated net profit at Rs 14.21 crore a year ago. The consolidated total income from operations for July-September 2015 rose to Rs 602.45 crore, from Rs 506.96 crore in the year-ago period.
"Our strategy to grow in diversified geographies has enabled us to deliver consistent order intake, notwithstanding the muted progress in the Indian market," VA Tech Wabag MD Rajiv Mittal said.
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