Skipper Limited has announced its audited financial results for the quarter and financial year ended March 31, 2026. The company achieved significant growth, reporting an annual standalone net profit of ₹2,073.25 million. The Board of Directors has recommended a final dividend of 10% (₹0.10 per equity share). Furthermore, the company announced strategic leadership changes, including the elevation of Mr. G.S. Sainath to Chief Business Officer of the Pipes division.
Annual Financial Performance Highlights
For the financial year ended March 31, 2026, Skipper Limited reported a standalone revenue from operations of ₹55,528.22 million, compared to ₹46,244.80 million in the previous year. The standalone net profit after tax reached ₹2,073.25 million, marking a substantial increase over the ₹1,458.28 million reported for the fiscal year ended March 31, 2025. On a consolidated basis, the annual net profit stood at ₹2,131.27 million.
Segmental Growth
The company continues to demonstrate strong performance across its core segments. The Engineering Products division led the revenue contribution with ₹43,590.15 million for the year, followed by the Infrastructure Projects division at ₹6,869.08 million and Polymer Products at ₹5,068.99 million. These results underscore the company’s operational efficiency and market demand for its diverse product and service offerings.
Dividend and Corporate Developments
Reflecting its commitment to rewarding shareholders, the Board has recommended a dividend of ₹0.10 per equity share (face value ₹1 each) for the financial year 2025-26, subject to approval at the upcoming Annual General Meeting. Additionally, the company is strengthening its internal leadership team; Mr. G.S. Sainath has been re-designated as Chief Business Officer (CBO) of the Skipper Pipes division, effective April 28, 2026, to further drive strategic growth and operational excellence.
Strategic Updates
Skipper Limited is actively aligning its governance with current provisions of the Companies Act, 2013, including planned amendments to its Articles of Association. These changes are intended to provide greater operational flexibility and improve governance standards. Furthermore, the company successfully settled a long-standing entry tax dispute during the year, which was recognized as an exceptional item, positively impacting the company’s financial position.
Source: BSE