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VA Tech Wabag shares jump over 7% after strong Q4 earnings and dividend announcement
VA Tech Wabag shares jump over 7% after strong Q4 earnings and dividend announcement

Business Upturn

time22-05-2025

  • Business
  • Business Upturn

VA Tech Wabag shares jump over 7% after strong Q4 earnings and dividend announcement

By Aditya Bhagchandani Published on May 22, 2025, 09:28 IST Shares of VA Tech Wabag Ltd surged 7.32% to ₹1,512.30 in Wednesday's trade after the company reported a robust performance for the March quarter (Q4 FY25). The stock had previously closed at ₹1,409.20. The company posted a net profit of ₹99.5 crore, up 37.4% year-on-year from ₹72.4 crore in Q4 FY24. Revenue grew 23.8% to ₹1,156.2 crore during the quarter. EBITDA stood at ₹140.8 crore, rising 21.9% YoY, with margins holding steady at 12.2%. The company also announced a final dividend of ₹4 per share for FY25, commemorating its centenary year. VA Tech Wabag maintained a net cash position of ₹589 crore, marking its fifth straight year of being net cash positive. The company's total order book stands at ₹13,700 crore, including framework contracts, backed by ₹5,700 crore worth of inflows during FY25. Chairman and Managing Director Rajiv Mittal expressed confidence in the company's trajectory, highlighting its AA- credit rating upgrade and a new strategic partnership with a Norfund-led consortium to scale up municipal infrastructure investments. 'We are especially proud to be recognised among the top three global desalination players,' Mittal stated. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.

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