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Skipper Ltd Q3 FY25 Results

SKIPPERQ3 FY25 Results
Filing
MetricValue ( Cr)vs Q2 FY25
Revenue1.1K2.3%
Total Income1.1K2.3%
Expenditure1.1K2.2%
PBT48.256.2%
Net Profit36.099.6%
OPM-1.92%0.63pp
NPM3.15%0.10pp
EPS3.357.0%
View full financials

Skipper Ltd Reports Best Ever Q3 and 9M Revenue Performance, Up 42% and 57% Respectively

06 Feb 2025 · 6 Feb 2025, 12:46 am

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

  1. 1

    Skipper Limited registered its best ever third quarter and 9M revenue performance on the back of strong execution in Engineering business segments.

  2. 2

    Consolidated Financials for Q3 & 9M FY’25 showed significant increases in Revenue, EBITDA, and Profit Before and After Tax.

  3. 3

    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.

  4. 4

    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.

  5. 5

    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.

Management Comments

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Mr. Sharan Bansal

Director of Skipper Limited

Skipper Limited’s record-breaking performance in the third quarter and the first nine months of the fiscal year is a reflection of our relentless focus on operational excellence, innovation, and market-driven strategies. Our robust order book of 63,541 million, with 89% from domestic markets and 11% from exports, showcases the trust and confidence that our customers place in us. Securing large-scale contracts from prestigious clients such as the Power Grid Corporation of India Limited (PGCIL) and private transmission operators further solidifies our position as a key player in India’s infrastructure development. These wins reinforce our ability to execute complex engineering projects with precision and reliability. As the nation moves towards strengthening its transmission and distribution network, Skipper remains fully committed to contributing to this transformative journey.

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Mr. Devesh Bansal

Director, Skipper Limited

We are immensely proud of Skipper Limited’s outstanding performance in the third quarter. Achieving our highest-ever quarterly and 9M revenue is a testament to our strong execution capabilities, customer-centric approach, and strategic expansion in the engineering business segment. Our quarterly order inflow of 13,182 million for engineering products and EPC works, along with a total year-to-date order inflow of =37,433 million, highlights the sustained demand for our solutions. This strong traction across both domestic and international markets underscores our ability to meet evolving industry needs while maintaining superior quality and efficiency. Looking ahead, we aim to build upon this success by investing in innovation, strengthening partnerships, and further optimizing our operational efficiencies. We remain dedicated to delivering long-term value to our stakeholders while contributing to the nation’s infrastructure and energy ambitions.

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