Skipper Secures New Order Worth ₹924 Cr

Skipper Limited, is one of the world's leading manufacturers for Power Transmission & Distribution structures and a prominent manufacturer of Telecom structure’s and Polymer Pipes products. The company on Thursday announced it has secured new order wins /notification of awards (NOA) of Rs. 924 crores, the company announced through an exchange filing.

The new order were secured as:

1) Orders in the Domestic T&D business of Rs. 788 crores from Power Grid Corporation of India Ltd (PGCIL)

2) Orders worth of Rs. 136 crores for several other Domestic T&D projects including Telecom.

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Sharan Bansal, Director Skipper Limited said “We are pleased with the new order inflows of Rs. 924 crores from PGCIL and other customers, the consistent order inflows in the T&D business have led to a total order in-flow YTD of Rs. 2,727 crores, registering an impressive ~220% growth over last year till date”.

Skipper Limited shares

The shares of Skipper Limited on Thursday at 11:24 am IST were at Rs 241.50, up by 2.70 percent.