• Record quarterly revenue of 13,706 Mn; EBITDA rises to 1,414 Mn with margin at 10.3%
  • PAT before exceptional items surges 40% YoY to 502 Mn
  • Closing order book reaches all-time high of ~US$ 1 billion, reinforcing multi-year growth visibility

Mumbai : Skipper Limited (BSE: 538562 | NSE: SKIPPER), one of the world’s leading manufacturers of Power Transmission & Distribution structures and a prominent player in Telecom and Railway structures, announced its financial results for the third quarter ended 31st December 2025.

Stand Alone Financials ( in Million)

ParticularsQ3 FY’26Q3 FY’25Change %9M FY’269M FY’25Change %
Revenue13,70611,35321%38,86233,36717%
EBITDA1,4141,10928%3,9933,28022%
EBITDA Margin (%)10.3%9.8%+50 bps10.3%9.8%+50 bps
Profit Before Tax (Before Exceptional)65448336%1,8741,36038%
Profit After Tax (Before Exceptional)50235940%1,3971,01438%
Reported PAT50235940%1,3171,01430%

Q3 FY’26 Highlights

  • Recorded highest ever quarterly revenue at ₹13,706 Mn, up 21% YoY
  • Achieved highest ever quarterly EBITDA at ₹1,414 Mn, up 28% YoY; EBITDA margin improved to 10.3%
  • PAT before exceptional items jumps 40% YoY to ₹502 Mn, reflecting strong operating leverage and disciplined execution

9M FY’26 Highlights

  • Highest ever first nine months revenue at ₹38,862 Mn, up 17% YoY
  • Standalone EBITDA margin improved to 10.3% vs 9.8% YoY, driven by execution of higher-quality T&D contracts and operating efficiencies
  • PBT (before exceptional) grew 38% YoY to ₹1,874 Mn, with PBT margin improving to 4.8
  • PAT before exceptional increased 38% YoY to ₹1,397 Mn; PAT margin expanded to 3.6% from 3.0%

Directors’ Comment

Commenting on the Q3 FY’26 performance, Mr. Sharan Bansal, Executive Director, Skipper Limited, said: “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, Skipper Limited, added: “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.”