Va Tech Wabag announced a decline in consolidated net profit for the quarter ended March 2015. During the quarter, the profit of the company declined 1.25% to Rs 705.00 million from Rs 713.90 million in the same quarter last year.

Total Income for the quarter rose marginally 1.12% to Rs 9,077.30 million, compared with Rs 8,977 million for the prior year period.

Earnings per share for the quarter stood at Rs 12.94, registering 2.27% decline over previous year period.

Rajiv Mittal, MD, Va Tech Wabag said, 'I am happy that our efforts in various geographies have yielded good results. The diversified presence and our localised approach have helped us deliver good performance during a tough year.'

Shares of the company gained Rs 13.2, or 1.73%, to settle at Rs 777.55. The total volume of shares traded was 39,930 at the BSE (Monday).