In an interview with CNBC-TV18‘s Ekta Batra and Mangalam Maloo, Rajiv Mittal, MD and Group CEO, VA Tech Wabag, discussed the company‘s fourth quarter results.

Va Tech WABAG bags Rs 220cr Ganga Action Plan project

With VA Tech WABAG‘s 70 percent business coming from the government, its current global order book stands at Rs 5,500 crore, says company MD & CEO Rajiv Mittal.

European biz witnessing recovery: VA Tech Wabag

Amit Sengupta, ED, VA Tech Wabag says the company‘s European market business is witnessing recovery, and its footing in the domestic market remains strong. The company has bagged orders worth around Rs 450 crore since April 1, and expects to add more by June.

Europe EBITDA to remain around 7-8%: VA Tech Wabag

The economic health of European countries has raised concerns about VA Tech Wabag’s revenues from those nations. However, Rajiv Mittal, managing director of the company told CNBC-TV18 that they are experiencing no pressure on margins from that market.