Net profit of Skipper rose 66.48% to Rs 32.93 crore in the quarter ended September 2024 as against Rs 19.78 crore during the previous quarter ended September 2023. Sales rose 43.68% to Rs 1109.74 crore in the quarter ended September 2024 as against Rs 772.37 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales1109.74772.37 44 OPM %10.049.54 - PBDT59.3641.48 43 PBT44.4428.55 56 NP32.9319.78 66 Powered by Capital Market - Live

Skipper will hold a meeting of the Board of Directors of the Company on 28 October 2024.Powered by Capital Market - Live

The broker cited the company's robust growth prospects as a key factor driving the bullish outlook. The broker highlighted Skipper's unique position as India's largest and the world's only fully integrated Transmission & Distribution (T&D) company. With in-house capabilities spanning from Structure Rolling to Transmission Line EPC, Skipper possesses a distinct competitive advantage. Its expertise in executing high-voltage power transmission projects further solidifies its market leadership. The company's international presence, extending to over 60 countries, is particularly noteworthy, with a strong foothold in the Asia Pacific, Middle East, and Latin American regions. Skipper is actively pursuing opportunities to enter developed markets like the US, Canada, and Europe, which could potentially generate lucrative contracts. While the company currently has a limited presence in these regions, its strong capabilities position it well for expansion. Established in 1981, Skipper has emerged as a leading global manufacturer of transmission & distribution structures (towers & poles). Renowned for its engineering products and polymer sector expertise, Skipper is a trusted partner for critical infrastructure EPC projects. With a global footprint spanning over 40 countries, from South America to Australia, Skipper is a preferred choice for customers worldwide. Within India, the company serves a diverse clientele across the nation, from Jammu & Kashmir to Tamil Nadu and from the North East to Gujarat. The company reported a consolidated net profit of Rs 32.42 crore in Q1 FY25, up 99.5% over net profit of Rs 16.25 crore reported in Q1 FY24. Revenue from operations was at Rs 1,091.74 crore in the quarter ended June 2024, up 96.85% YoY. Powered by Capital Market - Live

The company may issue equity shares or any other equity linked instruments or securities, including convertible preference shares/ fully or partly convertible debentures or by way of a composite issue of non-convertible debentures and warrants entitling the warrant holder(s) to apply for equity shares, or any other eligible securities through inter alia, a private placement (including one or more qualified institutions placements)/ further public issue of equity/ debt securities, preferential issue or through any other permissible mode. The proposal is subject to such approvals as may be required, including the approval of the members at and other statutory/regulatory/other approvals, as applicable. Skipper is one of the leading companies in the power transmission & distribution and the polymer segment. With over 42+ years of domain knowledge it is largest in India and tenth globally basis the manufacturing capacity. The company reported a consolidated net profit of Rs 32.42 crore in Q1 FY25, steeply higher than Rs 16.25 crore posted in Q1 FY24. Revenue from operations was at Rs 1,091.74 crore in the quarter ended June 2024, up 96.85% YoY. The scrip rose 0.22% to Rs 434.40 on Tuesday, 27 August 2024.Powered by Capital Market - Live

Skipper will hold a meeting of the Board of Directors of the Company on 27 August 2024.Powered by Capital Market - Live

Skipper announced that the 43th Annual General Meeting (AGM) of the company will be held on 19 September 2024.Powered by Capital Market - Live

Net profit of Skipper rose 99.51% to Rs 32.42 crore in the quarter ended June 2024 as against Rs 16.25 crore during the previous quarter ended June 2023. Sales rose 96.86% to Rs 1091.74 crore in the quarter ended June 2024 as against Rs 554.58 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales1091.74554.58 97 OPM %9.5910.84 - PBDT57.6135.73 61 PBT43.1023.30 85 NP32.4216.25 100 Powered by Capital Market - Live

Skipper will hold a meeting of the Board of Directors of the Company on 30 July 2024.Powered by Capital Market - Live