Stock Report

VA Tech Wabag Ltd reports Rs. 60.2 crores consolidated PAT in Q2 FY2024

Posted On : 2023-11-06 16:02:06( TIMEZONE : IST )

VA Tech Wabag Limited has reported Consolidated financial results for the period ended September 30, 2023.

Financial Results (Q2 FY2024) - QoQ Comparison

The company has reported total income of Rs. 680.4 crores during the period ended September 30, 2023 as compared to Rs. 578.5 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 60.2 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 50 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 8.87 for the period ended September 30, 2023 as compared to Rs. 7.84 for the period ended June 30, 2023.

Financials	Q2 FY2024	Q1 FY2024	% Change
Total Income	₹ 680.4 crs	₹578.5 crs	17.61%
Net Profit	₹60.2 crs	₹50 crs	20.40%
EPS	₹8.87	₹7.84	13.14%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 680.4 crores during the period ended September 30, 2023 as compared to Rs.773.2 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.60.2 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.46.7 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.8.87 for the period ended September 30, 2023 as compared to Rs.6.36 for the period ended September 30, 2022.

Financials	Q2 FY2024	Q2 FY2023	% Change
Total Income	₹ 680.4 crs	₹773.2 crs	-12.00%
Net Profit	₹60.2 crs	₹46.7 crs	28.91%
EPS	₹8.87	₹6.36	39.47%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.1258.9 crores during the 6 Months period ended September 30, 2023 as compared to Rs.1438.1 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.110.2 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.76.9 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.16.63 for the 6 Months period ended September 30, 2023 as compared to Rs.10.77 for the 6 Months period ended September 30, 2022.

Financials	Half Year Ended FY2024	Half Year Ended FY2023	% Change
Total Income	₹1258.9 crs	₹1438.1 crs	-12.46%
Net Profit	₹110.2 crs	₹76.9 crs	43.30%
EPS	₹16.63	₹10.77	54.41%

Shares of VA Tech Wabag Limited was last trading in BSE at Rs. 501.45 as compared to the previous close of Rs. 498.60. The total number of shares traded during the day was 20525 in over 1014 trades.

The stock hit an intraday high of Rs. 513.00 and intraday low of 498.60. The net turnover during the day was Rs. 10373370.00.