Skipper Limited Sees Record Growth in Power and Telecom Sectors

Skipper Limited, a major player in power transmission and telecom structures, reported notable financial growth in Q2 and H1 FY'25, with revenue up by 44% and 66%, respectively. Significant domestic contracts and a strong international presence are driving this success, reflecting the company's strategic focus in engineering and infrastructure.

Skipper Limited, listed on BSE and NSE, has announced impressive financial results for Q2 and H1 FY'25, reflecting its ongoing strength in the power transmission and telecom sectors. The company's revenue surged by 44% in Q2, highlighting a robust 66% growth in the first half compared to the previous fiscal year.

Key to this success is a record-high closing order book valued at Rs. 65,900 million, with the majority sourced from the domestic market. Skipper Limited has secured pivotal contracts with Power Grid Corporation of India Limited and State Electricity Boards, alongside expanding its reach to North and South American markets.

Director Mr. Sharan Bansal emphasized Skipper's commitment to sustained growth, underlined by enhanced operational efficiencies and improved EBITDA margins. As India gears up for its 500 GW renewable energy integration plan, Skipper is poised for further expansion, driven by strong domestic and international demand.

(With inputs from agencies.)