Strong Q2 result drives VA Tech Wabag 10%

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26 Aug, 2025 12:21

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Moneycontrol BureauShares of VA Tech Wabag gained 10.5 percent intraday Wednesday as it has reported steller numbers for the quarter ended September 2016.The company's consolidated net profit was up 69 percent at Rs 24 crore against Rs 14.2 crore, in the same period last year.Total income of the company increased 31.1 percent at Rs 777.6 crore versus Rs 593.3 crore.The EBITDA was up 22.4 percent at Rs 58 crore and EBITDA margin was at 7.5 percent.The company's order intake is of over Rs 1,500 crore and total order book stands at over Rs 7,900 crore in the first half (April-Sept) of 2016-17. At 11:03 hrs VA Tech Wabag was quoting at Rs 483.95, up Rs 16.15, or 3.45 percent on the BSE.Posted by Rakesh Patil