Skipper Limited Announces Stellar Q1FY25 Results with 97% Revenue Growth

Skipper Limited, a global leader in Power Transmission & Distribution, Telecom, and Railway structures, reported a 97% revenue growth in Q1FY25, reaching Rs. 10,917 million. Profit After Tax nearly doubled, reflecting strong performance across key business areas. With robust domestic and international order books, Skipper anticipates continued growth.

Skipper Limited, a global leader in Power Transmission & Distribution, Telecom, and Railway structures, announced an impressive 97% growth in Q1FY25 revenue, reaching Rs. 10,917 million. This remarkable achievement underscores the company's robust performance across all major business segments.

Key financial highlights include a significant increase in EBITDA to Rs. 1,046.7 million, an 85% rise in Profit Before Tax, and a nearly doubled Profit After Tax of Rs. 324.2 million. The company's focus on strong execution and aggressive sales initiatives has paid off, contributing to its best ever first-quarter revenue.

Director Sharan Bansal emphasized Skipper's commitment to addressing global energy needs and sustainability. The company secured fresh orders worth Rs. 7,650 million from international and domestic markets and maintains a strong order book of Rs. 58,440 million. Looking ahead, Skipper anticipates a continued robust bidding pipeline driven by global renewables spendings and India's renewable energy plans.

(With inputs from agencies.)