VA Tech Wabag Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025. The Board of Directors approved these results on February 05, 2026. Consolidated revenue from operations for the quarter and nine months stood at ₹25,298 million (₹2,530 crore), marking an 18% year-on-year increase. Consolidated EBITDA grew by 20% YoY to ₹3,470 million (₹347 crore), and consolidated Profit After Tax (PAT) saw a 24% YoY rise to ₹2,422 million (₹242 crore). On a standalone basis, revenue from operations was ₹21,175 million (₹2,118 crore), with EBITDA at ₹3,056 million (₹306 crore) and PAT at ₹2,118 million (₹212 crore). The company maintained a net cash positive position for the twelfth consecutive quarter, with a gross cash position of ₹10,795 million (₹1,080 crore) and a net cash position of ₹8,913 million (₹891 crore). The net cash position, excluding HAM projects, was ₹10,065 million (₹1,006 crore). WABAG reported an order intake of over ₹47,000 million (₹4,700 crore) and an order book exceeding ₹163,000 million (₹16,300 crore) including framework contracts, indicating robust revenue visibility. India Ratings & Research reaffirmed the company's long-term rating at IND AA-/Stable and the short-term rating at IND A1+. Mr. Rajiv Mittal, Chairman & Managing Director, stated that the performance aligns with the mid-term guidance, driven by consistent project execution and disciplined operations. He expressed confidence in sustaining growth momentum based on the strong order book and pipeline.
