Skipper Limited (BSE: 538562, NSE: SKIPPER), a global leader in Power Transmission & Distribution structures and a significant manufacturer of Telecom and Railway structures, reported impressive results for the third quarter and the first nine months of FY 25, ending 31st December 2024. The company attributed its record performance to exceptional execution in its engineering business segments.
The company reported a strong closing order book of Rs. 63,541 million, with the majority (89%) coming from domestic markets and the remaining 11% from exports. During the quarter, the company recorded an order inflow of Rs. 13,182 million, primarily for engineering products and EPC (Engineering, Procurement, and Construction) works. Notable domestic contracts were secured from Power Grid Corporation of India Limited (PGCIL) and private transmission system operators, further strengthening the company’s market position. Year-to-date order inflows reached Rs. 37,433 million, reflecting robust demand in both domestic and international markets.
Sharan Bansal, Director of Skipper Limited, commented on the results:“Our record-breaking performance in Q3 and the first nine months of FY25 reflects our commitment to operational excellence and our focus on market-driven strategies. The trust shown by our customers is evident in our robust order book of ₹63,541 million. Securing large contracts from clients like PGCIL further strengthens our position in India’s infrastructure development. As the country continues to expand its transmission and distribution network, we are proud to play a role in this transformative journey.”
He added “With strong demand in the domestic market and continued growth in exports, we are confident in sustaining our momentum. We remain committed to improving efficiencies, enhancing technological capabilities, and exploring new growth opportunities aligned with India’s infrastructure goals.”
Devesh Bansal, Director, Skipper Limited, expressed pride in the company’s results:
“Achieving the highest-ever quarterly and 9M revenue demonstrates our exceptional execution capabilities and customer-centric approach. The significant order inflow of ₹13,182 million for engineering products and EPC works highlights the sustained demand for our solutions across domestic and international markets. Our ability to meet the evolving needs of the industry while maintaining quality and efficiency positions us well for the future.”
Founded in 1981, Skipper Limited is a leading manufacturer in the Power Transmission & Distribution and Polymer segments. With over 42 years of industry expertise, Skipper ranks as the largest in India and tenth globally based on manufacturing capacity. The company stands out for its cost-effective, high-quality solutions for infrastructure providers and telecom operators.
Skipper operates in over 65 countries, including Latin America, Europe, and Africa, offering products such as Towers, EPC, Monopoles, Poles, and Railway Electrification Structures. It is also a major player in the Polymer pipe business, manufacturing top-quality pipes and fittings under the Skipper brand for both the agricultural and plumbing sectors. The company is listed on BSE and NSE and continues to expand its global presence.