Water treatment player VA Tech WABAG Ltd on Friday (February 7) reported an 11.6% year-on-year (YoY) increase in consolidated net profit at ₹70.2 crore for the third quarter that ended December 31, 2024. In the year-ago quarter of the previous fiscal, VA Tech WABAG posted a consolidated net profit of ₹62.9 crore.

Consolidated revenue from operations grew 15.1% to ₹811 crore against ₹704.4 crore in the corresponding period of the preceding fiscal.

At the operating level, consolidated EBITDA was up 1.5% to ₹100.4 crore in the third quarter over ₹98.9 crore YoY.

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The EBITDA margin stood at 12.4% in the reporting quarter versus 14% in Q3 FY24. EBITDA is earnings before interest, tax, depreciation, and amortisation.

VA Tech Wabag reported a net cash position of ₹262.5 crore, marking its eighth consecutive quarter of being net cash positive. For the nine-month (9M) period, consolidated revenue from operations stood at ₹2,137.8 crore, with EBITDA rising 10.8% YoY to ₹289.4 crore and profit after tax (PAT) increasing 13.2% to ₹195.8 crore.

On a standalone basis, revenue from operations reached ₹1,835.3 crore, while EBITDA grew 6.1% YoY to ₹263.9 crore, and PAT rose 5.4% to ₹ 172.3 crore.

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Rajiv Mittal, Chairman and Managing Director of VA Tech Wabag, said, “We continued our profitable growth journey driven by steady execution and sustainable operating margins. In line with our long-term strategy and medium-term outlook, we continued our net cash positive position for the eighth consecutive quarter.”

The results came after the close of the market hours. Shares of VA Tech WABAG Ltd ended at ₹1,384.95, down by ₹7.45, or 0.54%, on the BSE.