Skipper Share Price Gains 2.65% After Q3 FY25 Net Profit Jumps to ₹36.1 crore

Kolkata-based Skipper Ltd delivered a strong financial performance for the third quarter of FY24, with net profit and revenue witnessing significant year-on-year growth, driven by robust demand and operational efficiency.

Skipper Q3 FY25 Performance 

The company reported a 77% year-on-year (YoY) increase in net profit, which rose to ₹36.1 crore in Q3 FY24, up from ₹20.4 crore in the same quarter last fiscal year. Revenue from operations surged 41.6% YoY to ₹1,135.2 crore, compared to ₹801.6 crore in Q3 FY23.

In the preceding quarter (Q2 FY24), Skipper Ltd had reported a net profit of ₹32.93 crore, while EBITDA stood at ₹115.81 crore, reflecting a 53.25% increase compared to the previous quarter.

EBITDA Growth and Margin Expansion

Earnings before interest, taxes, depreciation, and amortisation (EBITDA) grew by 43.7% YoY to ₹110.8 crore in Q3 FY24, up from ₹77.1 crore in the year-ago period. The EBITDA margin also expanded to 9.8%, compared to 9.6% in Q3 FY23.

Long-Term Growth Ambitions

The transmission and distribution structure manufacturer has set an ambitious long-term goal to scale its operations, aiming to achieve a topline of ₹10,000 crore by 2028-29. This target underscores the company’s confidence in its growth trajectory and market potential.

Stock Performance 

On February 06, 2025, Skipper share price traded up by 2.65% at ₹480.40 at 11:24 AM (IST). Skipper’s share price reached a 52-week high of ₹665.00 on December 12, 2024, and a 52-week low of ₹231.65 on March 20, 2024. As per BSE, the total traded volume for the stock stood at 0.82 lakh shares with a turnover of ₹3.92 crore.

At the current price, Cummins India shares are trading at a price-to-earnings (P/E) ratio of 50.62x, based on its trailing 12-month earnings per share (EPS) of ₹9.49, and a price-to-book (P/B) ratio of 5.68, according to exchange data.

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