Water technology company VA Tech Wabag Ltd delivered robust financial results for the March quarter, with standalone net profit surging 29% year-on-year to ₹128.3 crore compared to ₹99.5 crore in the corresponding quarter last year. According to reports from CNBC TV18, revenue increased 22.3% to ₹1,414.4 crore from ₹1,156.2 crore, while EBITDA rose 11.8% to ₹157.4 crore from ₹140.8 crore. However, EBITDA margin declined to 11.1% versus 12.2% in the year-ago period.
The company maintained a robust financial position with gross cash of ₹1,059.2 crore and net cash of ₹833.7 crore, marking the sixth consecutive year of net cash positivity. As reported by CNBC TV18, net cash excluding HAM projects stood at ₹950 crore. The strong balance sheet provides financial resilience to support the company's growth ambitions and operational requirements.
On the operational front, VA Tech Wabag demonstrated strong business momentum with order intake exceeding ₹7,500 crore and order book above ₹17,200 crore, including framework contracts. According to CNBC TV18, this substantial order book provides revenue visibility for future quarters, supporting the company's medium-term growth trajectory and project execution capabilities.
The company's board recommended a final dividend of ₹5 per equity share of face value ₹2 each (250%) for FY26, subject to approval at the 31st Annual General Meeting. As reported by CNBC TV18, shares of VA Tech Wabag ended at ₹1,414.20, up by ₹21.20, or 1.52% on the BSE, reflecting positive market sentiment following the results announcement.
Rajiv Mittal, Chairman and Managing Director, highlighted the company's consistent performance, stating that FY26 marks another year of consistent profitable growth, firmly in line with medium-term guidance. According to CNBC TV18, Mittal emphasized the company's sixth consecutive year of closing net cash positive, reinforcing financial resilience. He noted that with an order book of ₹172 billion and diversified revenue mix, WABAG is well positioned to sustain momentum.
