Skipper consolidated net profit rises 76.31% in the December 2024 quarter
06 - Feb - 2025 12:00 | 53 days ago
Net profit of Skipper rose 76.31% to Rs 36.09 crore in the quarter ended December 2024 as against Rs 20.47 crore during the previous quarter ended December 2023. Sales rose 41.63% to Rs 1135.25 crore in the quarter ended December 2024 as against Rs 801.58 crore during the previous quarter ended December 2023.
Skipper receives credit ratings from Acuite Ratings & Research
27 - Nov - 2024 12:00 | 124 days ago
Skipper announced that Acuite Ratings & Research has reaffirmed/ assigned the rating Acuite A; Stable/ Acuite A1 for debt facilities aggregating Rs 3398 crore.
Skipper receives credit ratings from Acuite Ratings & Research
27 - Nov - 2024 12:00 | 124 days ago
Skipper announced that Acuite Ratings & Research has reaffirmed/ assigned the rating Acuite A; Stable/ Acuite A1 for debt facilities aggregating Rs 3398 crore.
Skipper gains after Acuité Ratings reaffirms LT rating at 'A' with 'stable' outlook
27 - Nov - 2024 12:00 | 124 days ago
The agency has also affirmed the company’s short term rating at 'ACUITE A1'.
Acuité Ratings stated that the rating reflects sound business profile characterized by diverse revenue streams and an established customer base, which comprises renowned government undertakings in the power sector, Indian railways, reputable EPC contractors, and telecom companies.
The company has achieved revenues of Rs 2,201.48 crore in H1 FY2025 compared to Rs 1,326.95 crore in H1 FY2024, on account better execution of existing orders. The rating also factors in the healthy order book of Rs 6,590 crore as of September 2024.
The ratings also consider the company’s comfortable financial risk profile, marked by a healthy net worth base, low gearing, and moderate debt protection metrics.
However, the ratings are constrained by the company’s working capital intensive nature of operations and exposure to commodity risk.
Skipper has a diversified business profile as it has three business segments, viz. engineering, polymer pipes and infrastructure.
The company's consolidated net profit surged 66.48% to Rs 32.93 crore on a 43.68% increase in net sales to Rs 1,109.74 crore in Q2 FY25 as compared with Q2 FY24.
Skipper consolidated net profit rises 76.31% in the December 2024 quarter
06 - Feb - 2025 12:00 | 53 days ago
Net profit of Skipper rose 76.31% to Rs 36.09 crore in the quarter ended December 2024 as against Rs 20.47 crore during the previous quarter ended December 2023. Sales rose 41.63% to Rs 1135.25 crore in the quarter ended December 2024 as against Rs 801.58 crore during the previous quarter ended December 2023.
Skipper receives credit ratings from Acuite Ratings & Research
27 - Nov - 2024 12:00 | 124 days ago
Skipper announced that Acuite Ratings & Research has reaffirmed/ assigned the rating Acuite A; Stable/ Acuite A1 for debt facilities aggregating Rs 3398 crore.
Skipper gains after Acuité Ratings reaffirms LT rating at 'A' with 'stable' outlook
27 - Nov - 2024 12:00 | 124 days ago
The agency has also affirmed the company’s short term rating at 'ACUITE A1'.
Acuité Ratings stated that the rating reflects sound business profile characterized by diverse revenue streams and an established customer base, which comprises renowned government undertakings in the power sector, Indian railways, reputable EPC contractors, and telecom companies.
The company has achieved revenues of Rs 2,201.48 crore in H1 FY2025 compared to Rs 1,326.95 crore in H1 FY2024, on account better execution of existing orders. The rating also factors in the healthy order book of Rs 6,590 crore as of September 2024.
The ratings also consider the company’s comfortable financial risk profile, marked by a healthy net worth base, low gearing, and moderate debt protection metrics.
However, the ratings are constrained by the company’s working capital intensive nature of operations and exposure to commodity risk.
Skipper has a diversified business profile as it has three business segments, viz. engineering, polymer pipes and infrastructure.
The company's consolidated net profit surged 66.48% to Rs 32.93 crore on a 43.68% increase in net sales to Rs 1,109.74 crore in Q2 FY25 as compared with Q2 FY24.
Skipper consolidated net profit rises 76.31% in the December 2024 quarter
06 - Feb - 2025 12:00 | 53 days ago
Net profit of Skipper rose 76.31% to Rs 36.09 crore in the quarter ended December 2024 as against Rs 20.47 crore during the previous quarter ended December 2023. Sales rose 41.63% to Rs 1135.25 crore in the quarter ended December 2024 as against Rs 801.58 crore during the previous quarter ended December 2023.
Skipper receives credit ratings from Acuite Ratings & Research
27 - Nov - 2024 12:00 | 124 days ago
Skipper announced that Acuite Ratings & Research has reaffirmed/ assigned the rating Acuite A; Stable/ Acuite A1 for debt facilities aggregating Rs 3398 crore.
Skipper receives credit ratings from Acuite Ratings & Research
27 - Nov - 2024 12:00 | 124 days ago
Skipper announced that Acuite Ratings & Research has reaffirmed/ assigned the rating Acuite A; Stable/ Acuite A1 for debt facilities aggregating Rs 3398 crore.
Skipper gains after Acuité Ratings reaffirms LT rating at 'A' with 'stable' outlook
27 - Nov - 2024 12:00 | 124 days ago
The agency has also affirmed the company’s short term rating at 'ACUITE A1'.
Acuité Ratings stated that the rating reflects sound business profile characterized by diverse revenue streams and an established customer base, which comprises renowned government undertakings in the power sector, Indian railways, reputable EPC contractors, and telecom companies.
The company has achieved revenues of Rs 2,201.48 crore in H1 FY2025 compared to Rs 1,326.95 crore in H1 FY2024, on account better execution of existing orders. The rating also factors in the healthy order book of Rs 6,590 crore as of September 2024.
The ratings also consider the company’s comfortable financial risk profile, marked by a healthy net worth base, low gearing, and moderate debt protection metrics.
However, the ratings are constrained by the company’s working capital intensive nature of operations and exposure to commodity risk.
Skipper has a diversified business profile as it has three business segments, viz. engineering, polymer pipes and infrastructure.
The company's consolidated net profit surged 66.48% to Rs 32.93 crore on a 43.68% increase in net sales to Rs 1,109.74 crore in Q2 FY25 as compared with Q2 FY24.
