New Delhi, Jan 29: Skipper Limited, a global leader in Power Transmission & Distribution (T&D) structures and a key player in Telecom and Railway infrastructure, announced its financial results for the third quarter ended 31st December 2025, marking a series of all-time highs across revenue, EBITDA, and order inflows.
Q3 FY’26 Financial Highlights:
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Revenue: Highest-ever quarterly revenue, up 21% YoY.
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EBITDA: Up 28% YoY; margin improved to 10.3%.
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PAT (Before Exceptional Items): Up 40% YoY, reflecting strong operating leverage and disciplined execution.
9M FY’26 Financial Highlights:
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Highest-ever first nine months revenue, up 17% YoY.
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EBITDA margin improved to 10.3% vs 9.8% YoY.
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PBT (Before Exceptional Items) grew 38% YoY; PAT before exceptional increased 38% YoY.
Order Book & Project Updates:
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Highest-ever closing order book as of Dec 2025, comprising mostly domestic and some export orders.
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Q3 FY’26 order inflow led by engineering products supply and EPC works.
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Secured two marquee 765 kV transmission line EPC projects from PGCIL in Uttar Pradesh and Karnataka.
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Robust bidding pipeline.
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EPC division executing ~5,000 circuit kilometres of EHV & HVDC transmission line projects.
Capacity Expansion & Other Initiatives:
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New 75,000 MTPA capacity fully operational; total capacity to reach 450,000 MTPA by end of FY’26.
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Great Place to Work® certification awarded for the fifth consecutive year.
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Successfully implemented SAP S/4HANA RISE across key business functions.
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Company anticipates strong revenue growth in the current year, with momentum expected to continue in upcoming quarters.
Directors’ Comments:
Mr. Sharan Bansal, Executive Director:
“Q3 represents another decisive step in Skipper’s earnings compounding journey. Delivering our highest-ever quarterly revenue and EBITDA reflects the structural improvements we have made across project quality, execution discipline, and capacity readiness. Margin expansion this quarter is a direct outcome of our strategic shift towards higher complexity and higher-value T&D projects.”
Mr. Devesh Bansal, Executive Director:
“Our record order book and strong bidding pipeline provide high visibility for sustained growth across domestic and international markets. Winning marquee 765 kV PGCIL projects and expanding our global customer base reinforces Skipper’s position as a globally competitive engineering and EPC partner. With capacity expansion, digital transformation through SAP S/4HANA, and a sharp focus on execution excellence, we are well-positioned for accelerated and profitable growth.”