SKIPPER (SKIPPER)
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Skipper bags ₹797 crore transmission and distribution orders
Skipper has secured transmission and distribution orders worth approximately ₹797 crore, sending its shares higher. The company's stock jumped following the announcement, with multiple outlets reporting the order win. The contracts strengthen Skipper's order book in the power infrastructure segment.
Skipper bags Rs 1,305 crore T&D orders, shares jump 3%
Skipper has secured Rs 1,305 crore in orders for transmission and distribution (T&D) projects, driving a 3% rise in its share price. The orders mark a significant boost for the company's order book, reinforcing its position in the T&D sector. Market reaction has been positive, with shares gaining on the announcement.
Skipper Q1 profit rises 26% to Rs 57 crore
Skipper consolidated net profit rises 25.52% in the June 2026 quarter Sales rise 4.46% to Rs 1309.83 crore Net profit of Skipper rose 25.52% to Rs 56.81 crore in the quarter ended June 2026 as against Rs 45.26 crore during the previous quarter ended June 2025. Sales rose 4.46% to Rs 1309.83 crore in the quarter ended June 2026 as against Rs 1253.86 crore during the previous quarter ended June 2025.
Skipper targets 20% revenue growth from FY28 on exports
Skipper expects to return to 20% revenue growth from 2027-28 (FY28), supported by stronger export orders, improving execution and expanding margins, said Sharan Bansal, Director of Skipper. The company continues to maintain its 15% revenue growth guidance for the current year, along with a 30% growth target for the bottom line. “Execution is very much back on track, and we maintain the 15% guidance for the full year very much intact,” Bansal said.
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