VA Tech Wabag Limited (NSE:WABAG)

VA Tech Wabag Income Statement

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	35,357	32,940	28,564	29,605	29,793	28,345
Revenue Growth (YoY)	19.23%	15.32%	-3.52%	-0.63%	5.11%	10.85%
Cost of Revenue	30,094	28,044	23,622	25,247	25,239	24,069
Gross Profit	5,263	4,896	4,942	4,358	4,554	4,276
Selling, General & Admin	69	69	69	116	112.9	106.8
Other Operating Expenses	736	551	757	1,064	2,071	1,889
Operating Expenses	863	679	910	1,268	2,285	2,117
Operating Income	4,400	4,217	4,032	3,090	2,269	2,159
Interest Expense	-348	-334	-255	-287	-362.7	-365.8
Interest & Investment Income	285	285	269	115	133.5	80.9
Earnings From Equity Investments	3	22	-95	93	-31.6	57.5
Currency Exchange Gain (Loss)	79	79	11	369	113.9	-92.9
Other Non Operating Income (Expenses)	-253	-454	-456	-371	-514.4	-537.2
EBT Excluding Unusual Items	4,166	3,815	3,506	3,009	1,607	1,302
Gain (Loss) on Sale of Investments	-	-	-	-	65.5	-
Gain (Loss) on Sale of Assets	82	82	154	52	11.1	1.2
Other Unusual Items	-53	-53	-359	-2,892	-	-
Pretax Income	4,195	3,844	3,301	169	1,684	1,303
Income Tax Expense	992	896	797	59	363.3	294.7
Earnings From Continuing Operations	3,203	2,948	2,504	110	1,321	1,008
Minority Interest in Earnings	-	5	-48	20	-1.5	92.9
Net Income	3,203	2,953	2,456	130	1,319	1,101
Net Income to Common	3,203	2,953	2,456	130	1,319	1,101
Net Income Growth	22.72%	20.24%	1789.23%	-90.14%	19.80%	21.05%
Shares Outstanding (Basic)	62	62	62	62	62	58
Shares Outstanding (Diluted)	63	63	62	62	62	58
Shares Change (YoY)	0.69%	1.45%	-	-	6.36%	6.95%
EPS (Basic)	51.49	47.48	39.49	2.09	21.21	18.83
EPS (Diluted)	50.78	46.80	39.49	2.09	21.21	18.83
EPS Growth	21.87%	18.51%	1789.15%	-90.14%	12.64%	13.18%
Free Cash Flow	3,258	3,507	1,216	797	61.2	1,203
Free Cash Flow Per Share	51.66	55.58	19.55	12.81	0.98	20.57
Dividend Per Share	-	4.000	-	-	-	-
Gross Margin	14.89%	14.86%	17.30%	14.72%	15.28%	15.09%
Operating Margin	12.44%	12.80%	14.12%	10.44%	7.61%	7.62%
Profit Margin	9.06%	8.96%	8.60%	0.44%	4.43%	3.89%
Free Cash Flow Margin	9.21%	10.65%	4.26%	2.69%	0.21%	4.24%
EBITDA	4,434	4,252	4,082	3,148	2,336	2,237
EBITDA Margin	12.54%	12.91%	14.29%	10.63%	7.84%	7.89%
D&A For EBITDA	34	35	50	58	67.6	78.1
EBIT	4,400	4,217	4,032	3,090	2,269	2,159
EBIT Margin	12.44%	12.80%	14.12%	10.44%	7.61%	7.62%
Effective Tax Rate	23.65%	23.31%	24.14%	34.91%	21.57%	22.62%
Revenue as Reported	36,004	33,386	28,998	30,141	30,117	28,427
Advertising Expenses	-	8	8	14	7.5	7

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.