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Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

Boiler blast at Vedanta plant in Chhattisgarh kills 11, injures 22 Madhya Pradesh CM says basmati rice from the State is exported to 47 nations IMD forecast of below-normal Indian monsoon poses risk to agriculture, economy Sify data centre arm IPO on track and will be timed with market conditions, says CFO BALCO deploys AI humanoid agent for real-time training, operations and safety Funskool clocks $40 million revenue in FY26, despite tariff headwinds Val-Met Engineering secures ₹200 crore funding from Nuvama Crossover Opportunities Funds BEML secures $36.38 million export order from West Asia region Chitale Bandhu Mithaiwale to inaugurate new production facility near Pune NCLT allows personal guarantee case against Videocon promoter Dhoot No immediate impact of US blocking Iranian vessels on India’s crude cargoes Indian spacetech startups shift gears from R&D to scalable manufacturing Protest by factory workers in Noida, Faridabad turns violent Sharon Pais takes over as Head of Myntra Nadir Godrej to retire as chairperson, Pirojsha Godrej named successor APAC emerges as growth engine amid data sovereignty push: IBM’s Hans Dekkers Unicharm India expands Diabetes Care portfolio Sarovar Hotels sees traction in tier II cities, pilgrimage towns Motherson Sumi Wiring says no impact on operations amid Noida labour protests Aster DM Healthcare invests ₹96 cr to expand Aster Whitefield by 159 beds Ola Electric launches S1 X+ 5.2 kWh with 4680 Bharat Cells India’s active LED display market hits ₹2,000 crore China’s TCL is said to consider stake sale in India TV business Strengthening R&D, investment key for Indian drugmakers to lead globally: Nadda Piper Serica deploys ₹210 crore in 33 start-ups; to invest remaining ₹63 crore in 2-3 months NCLAT adjourns hearing on Vedanta plea against selection of Adani's bid for JAL GE Aerospace signs contract with Indian Air Force to help establish in-country depot for F404-IN20 engines RateGain launches AI-driven hotel marketing certification programme Q4 Results This Week: HDFC Bank, ICICI Bank, Wipro, Just Dial among 42 companies reporting GE Aerospace scales AI from pilots to production; India anchors global capability
VA Tech Wabag Q4 PAT up 28.6% at ₹128 crore
2026-05-21 · via Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine
Rajiv Mittal, Chairman & Managing Director, VA Tech Wabag

Rajiv Mittal, Chairman & Managing Director, VA Tech Wabag

Water technology company VA Tech Wabag(WABAG) on Thursday reported a 28.6 per cent growth in consolidated net profit for the quarter ended March 202 (Q4 FY26) at ₹128 crore. Revenue from operations grew 24 per cent year-on-year (y-o-y) in the quarter and stood at ₹1,446 crore. 

For the full year FY26, consolidated revenue from operations stood at ₹3,401 crore while consolidated PAT stood at ₹334 crore. 

The company said in a statement that the order book of over ₹17,200 crore, including framework contracts, provides them robust revenue visibility.

The Board of Directors of VA Tech Wabag recommended a dividend of ₹5 per fully paid-up ordinary equity share of the company.

“FY26 marks another year of consistent profitable growth, firmly inline with our medium-term guidance, a testament to disciplined project execution and the quality of our order book. This is also our sixth consecutive year of closing net cash positive, reinforcing the financial resilience that underpins our growth ambitions. Looking ahead, our priorities remain clear: technology-led lifecycle water solutions, expansion into new energy adjacencies including Ultra-Pure Water and Bio-CNG, and continued investment in the talent and capabilities that make WABAG a trusted partner for water-secure infrastructure worldwide,” Rajiv Mittal, Chairman & Managing Director, VA Tech Wabag, said in a statement.

Published on May 21, 2026