Va Tech Wabag stock jumps 7% on Rs 25.93-crore Q2 profit

VA Tech Wabag

The Va Tech Wabag share price jumped over 7 percent on November 16 after the company declared its September quarter earnings.

The water treatment player reported consolidated profit for the quarter ending September 30, 2021 at Rs 25.93 crore. It had registered consolidated profit at Rs 13.93 crore during the corresponding quarter last year.

For the half-year ending September 30, 2021, consolidated profit stood at Rs 40.50 crore – up from Rs 18.97 crore registered a year ago.

Total income for the quarter under review grew to Rs 686.97 crore from Rs 610.09 crore registered during the previous corresponding period.

News Source:- Moneycontrol

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