VA Tech Wabag, The water treatment company, reported a 17.2% year-on-year increase in net profit, driven by a robust focus on international projects and advanced water treatment technologies. VA Tech Wabag’s revenue from operations stood at ₹700.3 crore, marking a 5.3% YoY increase, while EBITDA rose 5.5% YoY to ₹103 crore. The company also saw a significant rise in Profit After Tax, which grew by 17.1% YoY, reaching ₹70.6 crore. In this exclusive interview with Business Today TV, Skandaprasad Seetharaman, CFO of VA Tech Wabag, shares insights into the company's impressive financial performance for the July- September 2024 quarter. Skandaprasad Seetharaman discusses the key factors behind this growth, including how global demand for water purification solutions is shaping the industry and the company's future plans to leverage technology and expand its footprint internationally. Watch this interview to gain valuable insights into VA Tech Wabag's performance and its strategic approach to sustainable water solutions.
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