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Skipper Results: Latest Quarterly Results & Analysis

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Skipper Ltd. 07 Nov 2025 15:19 PM
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Q2FY26 Quarterly Result Announced for Skipper Ltd.

Construction & Engineering company Skipper announced Q2FY26 results

  • Revenue: Rs 12,618 million compared to Rs 11,097 million during Q2FY25, change 14%.
  • EBITDA: Rs 1,307 million compared to Rs 1,124 million during Q2FY25, change 16%.
  • EBITDA Margin: 10.4% for Q2FY26.
  • PBT: Rs 622 million compared to Rs 454 million during Q2FY25, change 37%.
  • PAT: Rs 449 million compared to Rs 339 million during Q2FY25, change 32%.

Sharan Bansal, Executive Director, Skipper, said: “Q2 has materially elevated the trajectory of this company, both financially and strategically. Our highest ever Q2 revenue of Rs 12,618 million and EBITDA of Rs 1,307 million are not just outcome metrics but are leading indicators of a structurally stronger Skipper. The mix upgrade into higher quality T&D projects, pricing discipline and capacity readiness are now fully reflecting in margin expansion. We are scaling on both vectors – scale and quality – simultaneously.”

“Our order book now at Rs 88,204 million gives us high visibility for the next 18 to 24 months with a significantly improved earnings profile. The new capacity blocks are commercial, test bed 2 is live & our R&D alliance with IIT Kharagpur strengthens the deep science on galvanizing. We have entered an earnings compounding zone where margin stability and volume expansion will co-exist and FY’26 will be a defining year in that compounding curve.”

Devesh Bansal, Executive Director, Skipper, said: “The momentum across both domestic and global markets is unprecedented. Winning 765 kV PGCIL projects back-to-back and clearing audits from large international utilities, reinforces our position in the top league of global manufacturers. With SAP S/4HANA RISE rolling out and ESG optimisations like Waste Heat Recovery already implemented, we are engineering a company that is not only performing today, but is architected for scale, transparency and global competitiveness in the decade ahead.”

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Construction & Engineering company Skipper announced Q1FY26 results

  • Company registered its highest-ever first quarter revenue of Rs 12,539 million on back of strong execution in Engineering & Polymer business segments, achieved growth of 14.9 % over Q1FY25.
  • EBITDA rose 22% YoY to Rs Rs 1,272 million, highest ever for any quarter, compared to Rs 1,047 million in Q1FY25.
  • EBITDA margins improved to 10.1 % ( vs 9.6% YoY) driven by operating leverage and execution of higher quality T&D contracts.
  • PAT increased to Rs 447 million, registering 41 % growth over Rs 316 million reported in Q1FY25.
  • PAT Margin improved to 3.6 % of sales against 2.9 % in previous year quarter.
  • Finance cost as % of sales improved to 4.2 % against 4.7 % in Q1FY25, with ongoing initiatives aimed at bringing it further down in subsequent quarters.

Sharan Bansal, Director, said: “We are thrilled to report an exceptional start to the financial year, with our highest-ever first-quarter revenue and profitability a clear validationof the strategic roadmap we’ve laid out. With a 15% YoY topline growth, the momentum across our core segments remains strong andbacked by solid execution across businesses.

We are especially encouraged by the unprecedented momentum in the Power Transmission & Distribution (T&D) sector, which has emerged as apowerful multi-decade growth opportunity both in India and globally. The accelerating energy transition, massive grid modernization, and risinginvestments in renewables and cross-border interconnections are driving a structural upswing in T&D capex across key markets. Our business isperfectly aligned to capitalize on this shift.

This quarter, we secured Rs 9,775 million in fresh orders, including marquee wins from PGCIL and international customers, and our order book nowstands at an all-time high level of Rs 85,205 million, providing long-term visibility and execution strength. With a bidding pipeline exceeding Rs 300,000 million,we are participating in a wide range of high-value tenders across domestic, Middle East, LATAM, Asia Pacific, North America andAfrican markets many of which are significantly larger in size and more complex in scope than ever before. We see this as a transformationalperiod for the company, where scale, cost leadership, and trust will define the winners—and we are exceptionally well-positioned on all threefronts.

Our 75,000 MTPA new capacity is now fully installed and commercially operational. This is a strategic enabler that now allows us to target fasttrack export orders and short-cycle demand, segments where we faced constraints last year. In addition, we have embarked on another 75,000MTPA capacity expansion, with a bold vision to become the world’s largest transmission tower manufacturer with 600,000 MTPA capacity by FY28.On the financial front, our bottom-line saw a 41 % YoY growth, supported by improving EBITDA margins, stronger working capitalefficiency, and disciplined control over finance costs. This performance reaffirms our ability to grow profitably even as we scale rapidly.

We believe we are entering a golden era for power infrastructure, and our company stands at the forefront of this opportunity—leveraging itsscale, credibility, and cost advantage to lead in both traditional and new-age markets. With a record order book, growing execution muscle, andan unmatched manufacturing footprint, we are confident of delivering another landmark year of performance and creating sustained value forour investors”

Result PDF

Construction & Engineering company Skipper announced Q4FY25 & FY25 results

Q4FY25 Financial Highlights:

  • Company registered its highest-ever quarterly revenue of Rs 12,878 million on back of strong execution in Engineering & Polymer business segments, achieved growth of 11.6 % over Q3FY25.
  • EBITDA increased to Rs 1,237 million against Rs 1,085 million, up by 14 %.
  • Consolidated EBITDA margins improved to 9.6 % against 9.4% in Q3FY25.
  • Finance cost as % of sales improved to 4.4% against 4.5% in Q3FY25.
  • Robust growth in bottom line – Consolidated PAT increased to Rs 479 million, the highest for any quarter, registering 90% growth over Rs 252 million reported in Q4FY24; PAT Margin improved to 3.7 % of sales against 2.2% in Q4FY24.

FY25 Financial Highlights:

  • Achieved its best ever annual revenue performance; Revenue increased to Rs 46,245 million against Rs 32,820 million, registering a stupendous growth of 41 %
  • Consolidated EBITDA margins stood at 9.8 % for FY25.
  • Consolidated PBT increased to Rs 1,987 million, the highest ever, registering a strong growth of 55% compared to Rs 1,285 million in FY24; PBT margin to sales increased to 4.3 % of sales against 3.9 % in FY24.
  • Consolidated PAT surged 83% YoY to an all time high of Rs 1,493 million, compared to Rs 817 million in FY24 period ; The PAT margin to sales improved to 3.2 % against 2.5 % in corresponding period, showcasing an improvement of 70 bps.
  • Finance cost was stable at 4.6% of sales, with ongoing initiatives aimed at bringing it down in subsequent quarters.

Sharan Bansal, Director, Skipper, said: “I am pleased to report that our company has continued its strong performance trajectory, delivering record-breaking results and reinforcing our position as a leading force in the power infrastructure space.

During the fourth quarter, we recorded our highest-ever revenue of Rs 12,878 million, up 12% YoY. For the full year, revenue stood at Rs 46,245 million, reflecting a solid 41% growth. Our engineering business continues to be a key growth driver. Profitability also improved significantly—PAT rose by 90% YoY in Q4 to Rs 479 million, and full-year PAT reached Rs 1,493 million, up 83%, both being the highest in our history.

We have further cemented our leadership in the domestic power transmission & distribution (T&D) segment with significant wins from PGCIL, private TSOs, SEBs and International markets. We secured Rs 15,920 million in new orders during the quarter, bringing our FY25 order inflow to Rs 53,353 million, up 24% YoY. Our order book now stands at Rs 74,584 million, an all-time high, providing strong revenue visibility and a diversified pipeline.

Our capacity expansion plan is on schedule, with 75,000 MT of additional capacity becoming expected to be operational by May 2025, supporting both domestic growth and international expansion. The sector’s outlook remains highly favorable, with the CEA projecting Rs 9.15 lakh crore of investments in transmission infrastructure by 2032. Coupled with the global shift toward renewable energy, we are well-positioned to capitalize on emerging opportunities.

During the year, we also made strategic progress on new growth vectors. Our entry into Substation EPC has been validated with our first major order, and we marked a breakthrough in the U.S. market with a multi-million dollar pole supply contract from a top-tier EPC player—laying the foundation for long-term global growth. In line with our commitment to digital transformation, we are in the advanced stages of implementing SAP S/4HANA RISE, a key step in strengthening enterprise-wide efficiencies and future-readiness. As we look ahead, we remain confident in our ability to deliver sustainable value creation, powered by strong fundamentals, a robust order pipeline, and a sharp focus on growth-driven execution.

On behalf of the board and the leadership team, I thank our stakeholders for their continued trust and support as we strive to shape the future of power infrastructure—domestically and globally”

Result PDF

Construction & Engineering company Skipper announced Q3FY25 results

Financial Highlights:

  • Revenue: Rs 11,352 million compared to Rs 8,016 million during Q3FY24, change 42%.
  • EBITDA: Rs 1,109 million compared to Rs 771 million during Q3FY24, change 44%.
  • EBITDA margin: 9.8% for Q3FY25.
  • PBT: Rs 484 million compared to Rs 291 million during Q3FY24, change 67%.
  • PAT: Rs 361 million compared to Rs 205 million during Q3FY24, change 76%.

Other Highlights:

  • Closing Order Book: Stands at Rs 63,541 million, with 89% from domestic markets and 11% from exports.
  • Quarterly Order Inflow: Rs 13,182 million for engineering products supplies and EPC works.
  • Significant Domestic Contracts: Secured significant large domestic contracts from Power Grid Corporation of India Limited (PGCIL), and private TSO.
  • Year-to-Date Order Inflows: Total Rs 37,433 million, reflecting strong traction across both domestic and international markets.

Sharan Bansal, Director of Skipper, said: "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 Rs 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."

"With sustained demand in the domestic market and steady traction in exports, we are confident of maintaining our growth momentum. Our focus remains on driving efficiencies, enhancing our technological capabilities, and exploring new opportunities that align with India’s infrastructure expansion goals."

Devesh Bansal, Director, Skipper, said: " 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 Rs 13,182 million for engineering products and EPC works, along with a total year-to-date order inflow of Rs 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."

Result PDF

Construction & Engineering company Skipper announced Q2FY25 results

  • Revenue: Rs 11,097 million, compared to Rs 7,724 million during Q2FY24, change 44%.
  • EBITDA: Rs 1,124 million, compared to Rs 737 million during Q2FY24, change 53%.
  • EBITDA Margin: 10.1%, compared to 9.5% during Q2FY24.
  • Profit After Tax: Rs 329 million, compared to Rs 198 million during Q2FY24, change 67%.

Sharan Bansal, Director of Skipper, said: "Amidst dynamic market conditions, our performance this quarter has truly showcased Skipper’s strength and resilience. With a remarkable 44% growth in revenue compared to Q2 of the previous fiscal year, we are seeing the positive impact of our focused strategy in the Engineering and Infrastructure segments. Our EBITDA margin has improved to 10.1%, reflecting enhanced operational efficiencies, while our Profit After Tax increased by 67% to Rs. 329 million. These accomplishments underline our commitment to delivering sustained growth and value for our stakeholders.

Our highest-ever closing order book of Rs. 65,900 million, with 85% coming from the domestic market and 15% from exports, reaffirms Skipper as the preferred partner in the Transmission & Distribution sector. With significant domestic contracts from PGCIL and SEBs, alongside expanding footprints in North and South America, we are poised for continued momentum. Our strong order inflow of Rs. 16,600 million during the quarter is a testament to the confidence our clients place in our capabilities."

"Domestic T&D ordering displays promising signs of resurgence, while our consistent growth in international markets remains a core driver of our expansion. We see vast opportunities ahead, fuelled by India’s 500 GW renewable energy integration plan, and we are committed to being at the forefront of this transformative journey.

Internationally, we foresee robust demand driven by increased transmission and distribution spending on renewables for the next decade."

Result PDF

Construction & Engineering company Skipper announced Q1FY25 results:

  • Best ever first quarter revenue of Rs 10,917 million on back of strong execution in engineering and Infra segment, Revenue also doubled over previous year quarter
  • Exports Revenue almost doubled, reaching Rs 2,510 million from Rs 1,274 million in the same quarter last year
  • Robust growth in bottom line – PAT doubled to Rs 324 million against Rs 162 million in previous year quarter ; PAT Margin improved to 3.0 % of sales.
  • Closing Order Book of Rs 58,440 million, constitutes 86% domestic & 14% export.

Commenting on the release Sharan Bansal, Director Skipper said – “Amidst dynamic market landscapes, our achievements stand as a testament to our unwavering commitment to excellence. The company witnessed a remarkable 97% growth in revenue as compared to the Q1 of the last FY. Our consistent performance across major business segments and some aggressive sales initiatives has enabled us to maintain an impressive order booking numbers. With an impressive Closing Order Book of Rs 58,440 million, comprising 86% from the domestic market and 14% from exports; we've maintained our stance as the preferred partner in the domestic markets. The company demonstrated a robust growth in bottom line with, PAT doubled to Rs 324 million against Rs 162 million in previous year quarter with a remarkable margin to 3.0 % of sales. We secured fresh new orders of Rs 7,650 million for engineering product supplies and EPC works from countries including Middle East Asia, Africa, and major domestic projects from Power Grid Corporation of India Ltd & SEBs.

Mr. Bansal also said “T&D Domestic ordering displays promising signs of rebound, while our unwavering momentum in the international market remains a driving force. Our Order Bidding Pipeline stood at Rs 115,000 million in the international arena and an impressive Rs 65,500 million in the domestic sphere. These accomplishments are evidence of our vision and unwavering dedication. Our company stands resolute in its commitment towards addressing the world's pressing need for green energy and sustainability. We anticipate a strong bidding pipeline in India through 2030, driven by the 500 GW renewable energy integration plan. This expansion and integration strategy will also create additional business opportunities for the company. Additionally, in the international market, we expect a robust bidding pipeline for the next decade, fueled by global transmission and distribution spending on renewables.”

Speaking on the results Devesh Bansal, Director, Skipper said - “I am thrilled to present Skipper’s outstanding performance for the first quarter of fiscal year 2025. This period once again showcases Skipper's unwavering dedication to excellence and innovation in the engineering, EPC services sector and the polymer sector. In this quarter, Skipper has achieved remarkable success, with revenue of Rs 10,917 million, by being the best ever 1 st quarter in terms of revenue. This achievement is a testament to the increasing demand for our engineering products and services both domestically and internationally. The company’s exports Revenue almost doubled, reaching Rs 2,510 million from Rs 1,274 million in the same quarter last year. Our strong presence in the overseas markets continues to drive growth, with our transmission and distribution (T&D) projects flourishing and our international expansion efforts bearing fruit. Looking ahead, we anticipate Strong Revenue performance across major business segment to continue. We expect a 25% CAGR growth over the next 2 year on back of pending engineering execution & and improving polymer performance.

Result PDF

Construction & Engineering company Skipper announced Q4FY24 & FY24 results:

Q4FY24 Financial Highlights:

  • Revenue: Achieved a remarkable 75.5% increase in revenue, reaching Rs 11,535 million compared to Rs 6,574 million in Q4FY23.
  • EBITDA: Recorded a 51.6% growth in Reported EBITDA, standing at Rs 1,085.4 million in Q4FY24, compared to Rs 716.0 million in the same period last year.
  • Profit Before Tax: Reported a 43.7% increase in Profit Before Tax, reaching Rs 476.0 million in Q4FY24, compared to Rs 331.3 million in Q4FY23.
  • Profit After Tax: Reported a 6.1% growth in Profit After Tax, reaching Rs 251.6 million in Q4FY24, compared to Rs 237.2 million in the previous year’s period.

FY24 Financial Highlights:

  • Revenue: For the full fiscal year FY24, revenue surged to Rs 32,820 million, marking a substantial growth of 65.7% against guidance of 25%.
  • Reported EBITDA: The full-year Reported EBITDA reached Rs 3,194.3 million, reflecting a growth of 65.9%.
  • Profit Before Tax: For the full fiscal year FY24, Reported PBT stood at Rs 1,285.0 million, indicating a growth of 157.3%.
  • Profit After Tax: The full-year Reported PAT surged to Rs 816.7 million, representing a growth of 129.6%.

Commenting on the release Sharan Bansal, Director Skipper, said – “We are immensely proud of Skipper Limited’s exceptional performance in Q4 & FY24, marked by robust revenue growth and profitability. Our strategic initiatives have yielded significant results, as evidenced by the substantial increase in revenue and profitability metrics. The efficient management of working capital and all time high strong order books further underscore our operational excellence and resilience.

We are excited to announce our intention to expand our engineering capacity by another 75,000 MT , from existing 300,000 MTPA to 375,000 MTPA by end of this year. This expansion represents a significant investment in our future and underscores our confidence in the robust demand for our products and services in both domestic and international markets.

Looking ahead, we anticipate a strong revenue performance across major segments, fuelled by pending engineering and infrastructure execution and improving polymer performance. With a proactive approach, we expect to achieve a 25% CAGR growth over the next 2 years. This promising outlook, combined with our strategic vision, positions Skipper limited for sustained success and leadership in the industry”

Result PDF

Construction & Engineering company Skipper announced Q3FY24 & 9MFY24 results:

Consolidated Q3FY24:

  • Revenue of Rs 8,016 million in Q3FY24 compared to Rs 4,448 million in Q3FY23, showing a growth of 80.2%.
  • Reported EBITDA of Rs 770.7 million in Q3FY24 compared to Rs 453.2 million in Q3FY23, indicating a growth of 70.1%.
  • EBITDA Margin% of 9.6% in Q3FY24 compared to 10.2% in Q3FY23, a decrease of 60 basis points.
  • Profit Before Tax of Rs 290.5 million in Q3FY24 compared to Rs 118.2 million in Q3FY23, growth of 145.8%.
  • Profit After Tax of Rs 204.7 million in Q3FY24 compared to Rs 95.1 million in Q3FY23, showing a growth of 115.3%.

Consolidated 9MFY24:

  • Revenue of Rs 21,285 million for 9MFY24 compared to Rs 8,781 million for 9MFY23, indicating a growth of 51.1%.
  • EBITDA of Rs 2,108.9 million for 9MFY24 compared to Rs 1,209.5 million for 9MFY23, showing a growth of 74.4%.
  • EBITDA Margin % of 9.9% for 9MFY24 compared to 9.1% for 9MFY23, an increase of 80 basis points.
  • Profit Before Tax of Rs 809.0 million for 9MFY24 compared to Rs 168.1 million for 9MFY23, growth of 381.3%.
  • Profit After Tax of Rs 565.1 million for 9MFY24 compared to Rs 118.5 million for 9MFY23, showing a growth of 376.8%.

Key Business Highlights:

  • Q3FY24 order inflow amounted to Rs 4,020 million, with a cumulative inflow of Rs 31,450 million for engineering products supplies and EPC works in 9MFY24.
  • The closing order book stood at Rs 57,790 million, comprising 18% exports and 82% domestic orders.
  • A robust order bidding pipeline exists, with Rs 98,300 million in the international sector and Rs 52,000 million in the domestic sector.
  • Successful closure of fundraising through a right issue, which was oversubscribed 1.77 times, indicating strong investor interest and confidence.
  • The polymer sector achieved significant volume growth, increasing from 15,454 MT in 9MFY23 to 24,654 MT in 9MFY24, reflecting a remarkable growth of 60%.

Commenting on the release, Sharan Bansal, Director Skipper, said, “We are delighted to present outstanding financial achievements for the quarter and 9 Months ending December 31, 2023. Our Revenue for the quarter soared by an impressive 80.2%, leaping from Rs 4,448 million to Rs 8,016 million over the last year quarter. Additionally, our Profit After Tax (Reported PAT) also witnessed remarkable growth, surging by 115.3% from Rs 95.1 million to Rs 204.7 million compared to the previous year’s quarter. The Closing Order Book, of the company stands at an impressive Rs 57,790 million, with a composition of 82% from the domestic market and 18% from exports. The Order Bidding Pipeline remains robust, with a substantial international pipeline of Rs 98,300 million and a domestic pipeline of Rs 52,000 million.

Bansal also added “We are also pleased to announce the successful closure of fund-raising through right issue, which was oversubscribed 1.77 times. This accomplishment underscores the market's confidence in Skipper. Looking ahead, we anticipate a strong revenue performance across major business segments, fuelled by pending engineering execution and improving polymer performance. With a proactive approach, we expect to achieve a 25% CAGR growth over the next three years. This promising outlook, combined with our management’s strategic vision, positions Skipper Limited for sustained success and leadership in the industry."

Result PDF

Construction & Engineering company Skipper announced Q1FY24 results:

  • Revenue of Rs 5,546 million in Q1FY24 compared to Rs 4,161 million in Q1FY23, up 33.3% YoY
  • Operating EBITDA of Rs 601.4 million in Q1FY24 compared to Rs 358.3 million in Q1FY23, up 67.8% YoY
  • Operating EBITDA Margin % of 10.8% in Q1FY24 compared to 8.6% in Q1FY23, up 220 bps YoY
  • Profit Before Tax of Rs 233.0 million in Q1FY24 compared to Rs (5.3) million in Q1FY23
  • Profit After Tax of Rs 162.6 million in Q1FY24 compared to Rs (6.5) million

Commenting on the release Sharan Bansal, Director Skipper said, “Amidst dynamic market landscapes, our achievements stand as a testament to our unwavering commitment to excellence. The company witnessed a remarkable 33% growth in revenue over the previous year's quarter. Our consistent performance across major business segments has propelled us forward. With an impressive Closing Order Book of Rs 53,720 million in the engineering segment, comprising 76% from the domestic market and 24% from exports; we've cemented our position as a leader in the global Power T& D sector. The Q1FY24 report is a testament to our strategic prowess, as Engineering Segment operating EBITDA margin stands strong at 12.0%. We secured fresh new orders of Rs 12,150 million for engineering product supplies and EPC works from strategic nations including Egypt, Iraq, Bolivia, Australia, Nepal, Finland, and major projects from the Power Grid Corporation Of India.

Mr. Bansal also said, “T&D Domestic ordering displays promising signs of a rebound, while our unwavering momentum in the international market remains a driving force. Our Order Bidding Pipeline stood at Rs 60,000 million in the international arena and an impressive Rs 65,500 million in the domestic sphere. These accomplishments are evidence of our vision and unwavering dedication. Our company stands resolute in its commitment to addressing the world's pressing need for green energy and sustainability. As a leader in our industry, we recognize the pivotal role we play in shaping a cleaner and more sustainable future for generations to come. We remain poised to conquer new milestones and set industry standards, under the visionary leadership of our team."

 

 

Result PDF

Construction & engineering firm Skipper announced Q3FY23 results:

  • Q3FY23 & 9MFY23:
    • Strong revenue performance across major business segments in spite of inflationary cost-push and geopolitical-related challenges; achieved growth of 11% over the previous year's quarter and 15% growth in a 9M period.
    • Standalone operating EBITDA margins improved to 11.2% in comparison to 10.2% in Q3FY22 and 11.4% in 9MFY23 against 7.7% in 9MFY22.
    • Engineering Segment Operating EBITDA margins improved to 13.3% in comparison to 11.5% in Q3FY22 and 13.5% in 9MFY23 against 9.7% in 9MFY23; Clocked the desired margin range now for the last many quarters.
    • Improvement continues on the back of better quality contracts and an Increased share of Engineering export business and parting away with the majority of old legacy and CIF contracts aided in better margin performance in the engineering business.
    • Export sales of 4,970 million in 9MFY23, achieved growth of 85% over the previous year's quarter and 96% growth in the 9M period.
    • Export share in overall engineering revenue stood at 51% in Q3FY23 and 48% in 9MFY23.
    • Our JV “Skipper-Metzer India LLP” (50:50) engaged in the business of manufacturing drip and micro irrigation systems has turned profitable and reported a PBT of Rs 47 million during the quarter, the consolidated Financial Results (CFS) results include our portion of the same.
  • Order Book:
    • Secured Our largest single order win valuing Rs 25,700 million from Bharat Sanchar Nigam Ltd. (BSNL) for the Supply and erection of Ground Based Telecom Towers, and subsequent O&M for 5 years extendable to 5 more years in the uncovered villages of India under 4G saturation projects.
    • Secured new order inflow of Rs 28,640 million during the quarter and YTD inflows of 37,270 million.
    • The closing order book as on Q3FY23 stands at 47,050 million which is the highest ever in the company’s history and is well diversified across sectors and segments.
    • Bidding Pipeline continues to remain strong - Actively pursuing projects worth Rs 52,000 million on the international front and about Rs 31,200 million on the Domestic front.

Mr. Sajan Kumar Bansal, Managing Director, Skipper Ltd, Speaks on our largest order win ever and historic achievement: “ We are glad that we are playing a crucial role and contributing our bit towards India’s infrastructure development and proud to be part of government vision to provide mobile connectivity in rural areas. The project will promote the delivery of various e-governance services, banking services, telemedicine, tele education etc through mobile broadband and promote employment in rural areas”

“ Our Company is the largest manufacturer of Telecom Tower in India, Backed by our forte in executing projects for the Telecom sector; this is another significant win for us. Our large engineering capacity to support captive manufacturing of telecom structures and decades of experience in building Tower sites on turnkey basis will vastly complement the execution of this prestigious project and will establish our company as a front runner in this domain. ”

 

 

 

Result PDF

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