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Va Tech Wabag standalone net profit declines 7.44% in the March 2018 quarter

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Capital Market

Sales decline 24.04% to Rs 534.57 crore

Net profit of Va Tech Wabag declined 7.44% to Rs 26.48 crore in the quarter ended March 2018 as against Rs 28.61 crore during the previous quarter ended March 2017. Sales declined 24.04% to Rs 534.57 crore in the quarter ended March 2018 as against Rs 703.75 crore during the previous quarter ended March 2017.

For the full year,net profit rose 56.21% to Rs 117.13 crore in the year ended March 2018 as against Rs 74.98 crore during the previous year ended March 2017. Sales rose 3.22% to Rs 1856.33 crore in the year ended March 2018 as against Rs 1798.38 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales534.57703.75 -24 1856.331798.38 3 OPM %8.707.74 -10.3211.23 - PBDT40.3857.58 -30 183.30199.89 -8 PBT38.1155.11 -31 174.21190.35 -8 NP26.4828.61 -7 117.1374.98 56

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First Published: May 28 2018 | 5:24 PM IST

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