Va Tech Wabag records a consolidated profit of Rs5cr in Q1FY21

The company reported consolidated net revenue of ~Rs431cr in Q1FY21.

Sep 15, 2020 07:09 IST India Infoline News Service

Va Tech Wabag announced its quarterly results on September 15, 2020. Consolidated net revenue in Q1FY21 stood at Rs430.87cr, which declined by 5.62% yoy from Rs456.53cr in Q1FY20.     

EBITDA stood at Rs28.9cr in Q1FY21 that decreased by 22.95% yoy. For Q1FY20, it had posted EBITDA of Rs37.51cr. EBITDA margin as of Q1FY21 was at 6.71% that declined by 1.51% yoy against the same quarter, previous year.     

The consolidated net profit in Q1FY21 came in at Rs5.04cr that increased by 687.5% yoy, as compared to Q1FY20, when it had reported Rs0.64cr. The net profit margin in Q1FY21 came in at 1.17% that increased by 1.03% yoy. The net profit margin for Q1FY20 was at 0.14%. The profit attributable to equity shareholders in Q1FY21 is Rs5.11cr as against Rs2.62cr in previous year for the same quarter.

The share price of company closed at Rs208.25 with gains of 0.80% in today’s session on BSE.

Particulars Q1FY21
(Rs in cr)
(Rs in cr)
Net Revenue 430.87 456.53 -5.62
Operating Profit 28.90 37.51 -22.95
Net Profit 5.04 0.64 687.50
EBITDAM% 6.71 8.22 -1.51
PATM% 1.17 0.14 1.03

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