Va Tech Wabag Reports Flat Q3 FY24-25 Results Amid Mixed Financial Indicators

Feb 07 2025 08:23 PM IST
share
Share Via
Va Tech Wabag recently released its financial results for Q3 FY24-25, showing flat performance. The company reported its highest cash and cash equivalents in recent periods, indicating improved liquidity. However, a notable rise in non-operating income raises questions about the sustainability of this revenue source, presenting a mixed overall picture.
Va Tech Wabag, a midcap player in the capital goods industry, recently announced its financial results for the quarter ending December 2024. The report indicates a flat financial performance for Q3 FY24-25, with notable evaluation changes reflected in its score, which has seen a revision from 4 to 1 over the past three months.

On a positive note, the company reported its highest cash and cash equivalents in the last six half-yearly periods, amounting to Rs 636.80 crore, suggesting an improvement in short-term liquidity. This development may provide a buffer for operational needs and strategic initiatives.

Conversely, the financial results also highlight a significant increase in non-operating income, which reached Rs 14.80 crore in the last five quarters. While this uptick may appear favorable, it raises concerns regarding the sustainability of income derived from non-business activities.

Overall, Va Tech Wabag's recent financial disclosures present a mixed picture, with both strengths and challenges evident in its performance metrics.

Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News