VA Tech WABAG net drops to ~12.09 crore

Water treatment company VA Tech WABAG on Saturday recorded a dip in its consolidated profits for the quarter ending December 31, 2018, at ~12.09 crore. The company had recorded consolidated profits at ~35.83 crore in the same period of the previous year.

For the nine-month period ending December 31, consolidated profit slipped to ~54.79 crore from ~83.63 crore last year. Total income for the October-December quarter stood at ~662.43 crore, against ~865.54 crore registered during the corresponding period of last fiscal. Total income was ~2,103.34 crore, against ~2,422.83 crore registered a year ago.