Shares of VA Tech Wabag, the leading water treatment player, fell over 3% on Monday after the firm reported its Q2 earnings. VA Tech Wabag reported a 20.1% year-on-year rise in consolidated net profit at Rs 84.8 crore in Q2 compared to Rs 70.6 crore in the same period last year. Advertisement

The Chennai-based water technology firm’s revenue from operations rose 19.2% to Rs 834 crore in the last quarter from Rs 700 crore a year earlier led by project execution both in India and overseas.

Skandaprasad Seetharaman, CFO, VA Tech Wabag told Business Today that focus of the company will be outside India, overseas projects, industrial projects, advanced technology projects.

"Today our top 5 orders in the order book are either in desalination or in advanced technology sewage treatment project

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