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Skipper Ltd Q2FY24; 280% rise in Profits

Skipper Ltd is engaged in manufacturing and selling of Transmission & Distribution Structures and Pipes & Fittings. It also undertakes EPC projects in the infrastructure segment.

Financial Results:

Skipper Ltd reported Revenues for Q2FY24 of ₹772.00 Crores up from ₹462.00 Crore year on year, a rise of 67.1%.

Total Expenses for Q2FY24 of ₹747.00 Crores up from ₹456.00 Crores year on year, a rise of 63.82%.

Consolidated Net Profit of ₹19.00 Crores up 280.0% from ₹5.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.85, up 320.45% from ₹0.44 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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