ICICI Securities Ltd | Retail Equity Research VA Tech Wabag (Wabag) reported dismal Q3FY19 numbers Wabag's revenues fell 23.5% YoY to | 661.9 crore. Lower topline was due to muted execution in both domestic (down 2.3% YoY) & overseas segment (down 23.4%YoY). Overseas segment contributed ~66% whereas domestic segment contributed ~33% to the topline Absolute EBITDA declined 36.5% YoY to | 49.3 crore. EBIDTA margins came in at 7.4% vs. 9% YoY. Lower margins were mostly on...