Water treatment company Va Tech Wabag Ltd. reported standalone first-quarter net profit more than doubled to ₹25 crore. Revenue from operations rose to ₹485 crore from ₹470 crore. Order intake stood at ₹1,093 crore. The company had an order-book position of more than ₹10,500 crore, including framework contracts, it said in a statement.
“Our order-book position, which has remained over ₹10,000 crore consistently, provides confidence of our future revenues. Profitable growth has been our foremost target and we have been displaying the same every quarter,” said Rajiv Mittal, CMD & Group CEO.
This is a Premium article available exclusively to our subscribers. To read 250+ such premium articles every
month
You have exhausted your free article limit.
Please support quality journalism.
You have exhausted your free article limit.
Please support quality journalism.
The Hindu operates by its editorial values to provide you quality journalism.
You have read {{data.cm.views}} out of {{data.cm.maxViews}} free articles.
This is your last free article.