Skipper achieves record-high order book of Rs 65.9 billion

Skipper Ltd announced its highest-ever closing order book of Rs 65.9 billion, with 85% from domestic orders and 15% from exports. The company recorded an order inflow of Rs 16.6 billion in Q2 FY25 (July to September 2024), with key domestic contracts from Power Grid Corporation of India Ltd (PGCIL) and state electricity boards. Export orders primarily came from North and South America.

Year-to-date order inflows from April 1 to October 28, 2024, totaled Rs 24.25 billion, reflecting robust demand across markets. Skipper’s business divisions—engineering products, infrastructure, and polymer—support its Power T&D activities under the engineering and infrastructure segments.

Director Sharan Bansal highlighted Skipper’s role as a preferred partner in the transmission and distribution (T&D) sector. He emphasized the momentum from substantial domestic and international contracts and noted promising growth prospects as India advances its 500 GW renewable energy integration plan. Internationally, Skipper anticipates sustained demand driven by increasing transmission and distribution investment in renewables over the next decade.