Skipper Limited announced its financial results for the second quarter and first half of FY’27, ending September 30, 2026. The company achieved a record-ever Q2 revenue of ₹13,840 million, a 10% year-on-year increase. Profit After Tax (PAT) saw a substantial jump of 56% to ₹575 million. For the first half of FY’27, Skipper also reported its highest-ever half-yearly revenue and a 40% increase in PAT, reaching ₹1,139 million.
Skipper Achieves Record Financial Performance in Q2 FY’27
Skipper Limited has declared its financial results for the quarter and half-year ended September 30, 2026, showcasing robust growth across key financial metrics. The company announced a record-breaking second quarter (Q2) revenue of ₹13,840 million, marking a significant 10% year-on-year (YoY) increase. Profit After Tax (PAT) for the quarter surged by an impressive 56% to ₹575 million.
Strong H1 FY’27 Performance Highlights
The first half (H1) of FY’27 also demonstrated strong momentum, with Skipper Limited reporting its highest-ever half-yearly revenue of ₹26,938 million, up 7% YoY. Profitability saw substantial improvement, with PAT for H1 FY’27 rising by 40% YoY to ₹1,139 million. EBITDA margins also expanded, with Stand Alone EBITDA margin improving to 10.6% in H1 FY’27 from 10.3% in the previous year, driven by operating leverage and the execution of high-quality T&D contracts.
Key Highlights: Q2 and H1 FY’27
- Q2 Revenue: Recorded highest-ever Q2 revenue at ₹13,840 million, up 10% YoY.
- Q2 EBITDA: Stood at ₹1,448 million, an 11% YoY increase, with margins improving to 10.5%.
- Q2 PAT: Jumps 56% YoY to ₹575 million.
- H1 Revenue: Achieved highest-ever half-yearly revenue at ₹26,938 million, up 7% YoY.
- H1 PAT: Jumps 40% YoY to ₹1,139 million, with PAT margin to sales improving to 4.2%.
Record Order Book and Capacity Expansion
Skipper Limited also reported a record closing order book as of September 2026, valued at ₹100,657 million, with 83% from the domestic market and 17% from exports. New order inflows in H1 FY’27 amounted to ₹37,855 million, including significant domestic EPC contracts. The company also secured a multi-million-dollar contract in North America, its largest order to date in the region. Furthermore, the ongoing 75,000 MTPA capacity expansion is on track for commissioning by H2’27, which will increase the total installed capacity to 450,000 MTPA.
Global Presence and Strategic Growth
The company is strengthening its global presence with the establishment of a USA subsidiary and has diversified its export order book, with the Middle East contributing nearly 18%. Skipper successfully raised ₹4,335 million through a preferential equity issue to institutional investors. The appointment of Mr. R N Nayak as an Independent Director is expected to bring valuable leadership and expertise to the power transmission sector. The company also received the Great Place to Work certification for the fifth consecutive year.
Source: BSE
