Skipper Reports Strong Q4 Performance; Order Book Reaches Record High
Skipper gains after strong Q4; order book hits record
Business Standard
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Skipper's stock rose by 2.02% to ₹497.55 following a robust Q4 FY26 performance, with a net profit of ₹78.06 crore, up 62.93% year-over-year. The company achieved a record order book of ₹8,502 crore, driven by strong domestic demand and significant project wins.
- 01Skipper's net profit for Q4 FY26 reached ₹78.06 crore, a 62.93% increase from the previous year.
- 02Revenue from operations grew by 29.42% year-over-year to ₹1,666.58 crore.
- 03The company ended Q4 with a record order book of ₹8,502 crore, with 90% from domestic markets.
- 04Total expenditure rose by 28.27% year-over-year, largely due to increased raw material costs.
- 05For the full fiscal year, Skipper's revenue increased by 20.07% to ₹5,552.82 crore.
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Skipper's stock increased by 2.02% to ₹497.55 after reporting a strong performance in Q4 FY26. The company recorded a net profit of ₹78.06 crore, reflecting a 62.93% increase compared to ₹47.91 crore in Q4 FY25 and a 47.87% rise from ₹52.79 crore in Q3 FY26. Revenue from operations surged by 29.42% year-over-year to ₹1,666.58 crore, up from ₹1,287.75 crore in the same quarter last year. Skipper's total expenditure rose by 28.27% YoY, primarily due to a 40.36% increase in raw material costs, which reached ₹1,040.78 crore. The company concluded the quarter with a record order book of ₹8,502 crore, with 90% of orders from the domestic market. For the fiscal year, Skipper reported revenues of ₹5,552.82 crore, a 20.07% increase from the previous year, with profit before tax rising by 41.69% to ₹281.47 crore.
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Skipper's growth and record order book indicate strong demand in the power transmission sector, potentially leading to job creation and increased economic activity in related industries.
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