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Skipper Ltd News

Skipper jumps 22% in two days as promoter entity Ventex ups stake to 5.02%

The rally comes after Skipper promoter group entity Ventex Trade Private Ltd raised its stake in the company from 4.86 per cent to 5.02 per cent over March 19-20

Skipper jumps 22% in two days as promoter entity Ventex ups stake to 5.02%
Updated On : 22 Mar 2024 | 12:57 PM IST

Skipper secures order worth Rs 737 crore from Power Grid Corporation

Skipper Limited, leading manufacturers for power transmission and distribution structures, on Sunday said it has secured an order worth Rs 737 crore from Power Grid Corporation of India Limited (PGCIL) for design, supply and construction of a cutting-edge 765 kV transmission line for the central PSU. Skipper director Sharan Bansal expressed enthusiasm about this latest achievement in the power transmission and distribution sector, emphasising the company's optimistic outlook on the industry. He highlighted the substantial boost to Skipper's order book in the transmission and distribution landscape, with the year-to-date order intake exceeding Rs 3,900 crore. "The orders from PGCIL have notably bolstered our order book in the transmission and distribution (T&D) landscape. With a year-to-date order intake surpassing Rs 3,900 crore, these recent victories are poised to significantly contribute to our envisioned growth trajectory in the foreseeable future," he said. The company, which

Skipper secures order worth Rs 737 crore from Power Grid Corporation
Updated On : 25 Feb 2024 | 10:47 PM IST

Skipper Q3 results: Profit rises two-fold to Rs 20 cr on higher income

Power transmission company Skipper Ltd on Monday posted an over two-fold rise in consolidated net profit at Rs 20.4 crore for December quarter FY24, backed by higher income. It had clocked a net profit of Rs 9.5 crore in October-December FY23, the company said in an exchange filing. Total income surged to Rs 803.8 crore from Rs 446.0 crore a year ago. Expenses were at Rs 777.4 crore as against Rs 436.6 crore in the third quarter last fiscal. Kolkata-based Skipper is one of the leading companies in power transmission and distribution and the polymer segment.

Skipper Q3 results: Profit rises two-fold to Rs 20 cr on higher income
Updated On : 12 Feb 2024 | 7:02 PM IST