Stock Report

VA Tech Wabag Ltd Q1FY21 consolidated PAT at Rs. 5.11 crore



Posted On : 2020-09-15 21:49:01( TIMEZONE : IST )

VA Tech Wabag Ltd Q1FY21 consolidated PAT at Rs. 5.11 crore

VA TECH WABAG LTD. has reported financial results for the period ended June 30, 2020.

Financial Results (Q1 FY 2020-21) - QoQ Comparison

The company has reported total income of Rs.432.17 crores during the period ended June 30, 2020 as compared to Rs.810.75 crores during the period ended March 31, 2020.

The company has posted net profit / (loss) of Rs.5.11 crores for the period ended June 30, 2020 as against net profit / (loss) of Rs.30.47 crores for the period ended March 31, 2020.

The company has reported EPS of Rs.1.95 for the period ended June 30, 2020 as compared to Rs.7.50 for the period ended March 31, 2020.

FinancialsQ1 FY2020-21Q4 FY19-20% Change
Total Income₹ 432.17 crs₹ 810.75 crsDown Tick -46.7%
Net Profit₹ 5.11 crs₹ 30.47 crsDown Tick -83.23%
EPS₹ 1.95₹ 7.50Down Tick -74%

Financial Results (Q1 FY 2020-21) - YoY Comparison

The company has reported total income of Rs.432.17 crores during the period ended June 30, 2020 as compared to Rs.457.71 crores during the period ended June 30, 2019.

The company has posted net profit / (loss) of Rs.5.11 crores for the period ended June 30, 2020 as against net profit / (loss) of Rs.2.62 crores for the period ended June 30, 2019.

The company has reported EPS of Rs.1.95 for the period ended June 30, 2020 as compared to Rs.0.48 for the period ended June 30, 2019.

FinancialsQ1 FY2020-21Q1 FY2019-20% Change
Total Income₹ 432.17 crs₹ 457.71 crsDown Tick -5.58%
Net Profit₹ 5.11 crs₹ 2.62 crsUp Tick 95.04%
EPS₹ 1.95₹ 0.48Up Tick 306.25%

Commenting on the results, Mr. Rajiv Mittal, Managing Director, VA TECH WABAG LIMITED said, "In a quarter marred by the COVID pandemic, WABAG contributed its share to ensure water security and we are extremely proud of our COVID warriors for the saame. We are now in the phase of progressive resumption of site activities to achieve full capacity at the earliest.

I am also happy to note that in this tough economic environment we have been able to secure a major order of 48 Million USD towards building a 300 MLD STP at Jeddah, KSA, further strengthening our growing presence in the Middle East."

Shares of VA TECH WABAG LTD. was last trading in BSE at Rs.208.25 as compared to the previous close of Rs. 206.6. The total number of shares traded during the day was 68377 in over 2331 trades.

The stock hit an intraday high of Rs. 212 and intraday low of 201.1. The net turnover during the day was Rs. 14227428.

Source : Equity Bulls

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