Q4FY23 Quarterly & FY23 Annual Result Announced for Va Tech Wabag Ltd.
Non-electrical Utilities company Va Tech Wabag announced Q4FY23 & FY23 results: Consolidated Total Income of Rs 3,014 crore and Consolidated Revenue from operations of Rs 2,961 crore Consolidated EBITDA (before exceptional items) of Rs 355 crore; up 43% YoY Consolidated PAT (before exceptional items) of Rs 229 crore; up 74% YoY Standalone Total Income of Rs 2,386 crore and Standalone Revenue from operations of Rs 2,325 crore Standalone EBITDA (before exceptional items) of Rs 347 crore; up 81% YoY Standalone PAT (before exceptional items) of Rs 218 crore; up 136% YoY Cash Flow from Operations for the FY23 of Rs 85 crore Net Cash position as at end of Q4FY23 at Rs 101 crore Order Intake of Rs 6,844 crore Historic high Order Book position of over Rs 13,219 crore including Framework contracts; Providing Robust revenue visibility Commenting on the results, Rajiv Mittal, Chairman & Managing Director, VA TECH WABAG said, "We continue to deliver Profitable Growth this quarter and for the year with persistent focus on technology EP Industrial and International projects. I'm extremely happy that we have two major orders in this Quarter, one from Chennai Metro Water Supply and Sewerage Board towards 400 MLD SWRO plant at Perur, Chennai, the largest Desalination plant in South East Asian Region funded by JICA and 200 MLD STP at Pagla, Bangladesh from Dhaka WASA funded by World Bank & AllB, a breakthrough for the group into Bangladesh. We have in line with our commitment to the shareholders stayed Net Cash positive for the third consecutive year and generated Operational as well as Free Cash-flow for the year. In summary, this has been an enriching year with a historic high order book position, Profitable Growth and a Positive Net Cash position & Cash flow" Result PDF19-05-2023