Q1FY21 results: Va Tech Wabag consolidated net profit of Rs 5.04 crore
Va Tech Wabag, a water treatment company announced its quarterly results on September 15, 2020. The company posted a consolidated net profit of Rs 5.04 crore for Q1FY21, which increased by 687.5 per cent YoY, as compared to Q1FY20 when it reported Rs 0.64 crore.
The consolidated net sales reported in Q1FY21 came in at Rs 430.87 crore, which declined by 5.62 per cent YoY from Rs 456.53 crore in Q1FY20. At EBITDA level, the company stood at Rs 28.9 crore in Q1FY21 that decreased by 22.95 per cent YoY. For Q1FY20, it posted an EBITDA of Rs 37.51 crore.
EBITDA margin as of Q1FY21 was at 6.71 per cent that declined by 1.51 per cent YoY. The net profit margin in Q1FY21 came in at 1.17 per cent, which increased by 1.03 per cent YoY. The net profit margin in Q1FY20 was at 0.14 per cent.
Company’s order book stood over Rs 11,000 crore and order intake of Rs 442 crore for the quarter ended June 30, 2020.
On Wednesday at around 11:40 am, the share is trading 3.05 per cent higher at Rs 214.6 on BSE.
|
Particulars
|
Q1FY21
(Rs in cr)
|
Q1FY20
(Rs in cr)
|
per cent
change
|
|
Net Profit
|
5.04
|
0.64
|
687.50
|
|
Net Revenue
|
430.87
|
456.53
|
-5.62
|
|
Operating Profit
|
28.90
|
37.51
|
-22.95
|
|
EBITDAM%
|
6.71
|
8.22
|
-1051
|
|
PATM%
|
1.17
|
0.14
|
1.03
|