Quarterly Result6 Feb 2025, 12:46 am
Skipper Ltd Reports Record-Breaking Q3, FY 25 Revenue Amid Strong Execution in Engineering Business Segments
AI Summary
Skipper Ltd, a leading manufacturer for Power Transmission & Distribution structures and a prominent manufacturer of Telecom and Railway structures, announced its results for the third quarter of FY 25, ended 31st December, 2024. The company registered its best ever third quarter and 9M revenue performance, with a 42% and 57% increase in Q3 and 9M revenue respectively. The consolidated EBITDA and Profit Before and After Tax also saw significant increases of 44%, 67%, and 76% respectively for Q3.
Key Highlights
- Skipper Limited registered its best ever third quarter and 9M revenue performance on the back of strong execution in Engineering business segments.
- Consolidated Financials for Q3 & 9M FY’25 showed significant increases in Revenue, EBITDA, and Profit Before and After Tax.
- The company secured significant large domestic contracts from Power Grid Corporation of India Limited (PGCIL), and private TSO, showcasing the trust and confidence of customers in Skipper Limited.
- Skipper Limited’s robust order book of Rs. 63,541 million, with 89% from domestic markets and 11% from exports, highlights the strong traction across both domestic and international markets.
- The company aims to maintain its growth momentum by driving efficiencies, enhancing technological capabilities, and exploring new opportunities that align with India’s infrastructure expansion goals.