Skipper Ltd's Q3FY25 Quarter Results
- 06 Feb 2025
Result Summary
- Skipper Ltd reported a 2.3% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 41.7%.
- Its expenses for the quarter were up by 2.2% QoQ and 40.3% YoY.
- The net profit increased 9.6% QoQ and increased 76.3% YoY.
- The earnings per share (EPS) of Skipper Ltd stood at 3.4 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 1138.97 | 1113.11 | 803.84 | 2.3% | 41.7% |
Total Expenses | 1090.72 | 1067.67 | 777.47 | 2.2% | 40.3% |
Profit Before Tax | 48.25 | 45.44 | 26.36 | 6.2% | 83.0% |
Tax | 12.34 | 11.50 | 8.59 | 7.3% | 43.7% |
Profit After Tax | 36.09 | 32.93 | 20.47 | 9.6% | 76.3% |
Earnings Per Share | 3.40 | 2.90 | 2.00 | 17.2% | 70.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Skipper Ltd is a company engaged predominantly in the manufacturing and supply of various industrial products. It operates within the industrial sector and focuses on the production of infrastructure-related products. This includes a diverse range of offerings such as engineering products, polymer pipes, and fittings. The company is known for being a part of the infrastructure development landscape, which is a critical sector within the Indian economy. However, specific recent developments or strategic changes within Skipper Ltd are not available in the provided data.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Skipper Ltd reported a total income of ₹1138.97 crores. This marked a sequential increase from the previous quarter (Q2FY25), where the total income was ₹1113.11 crores, reflecting a quarter-over-quarter (QoQ) growth of 2.3%. Compared to the same quarter in the previous fiscal year (Q3FY24), the company achieved a notable year-over-year (YoY) increase of 41.7%, with total income previously at ₹803.84 crores. This significant YoY growth indicates an upward trend in the company's revenue generation over the past year.
Profitability
For Q3FY25, Skipper Ltd's profit before tax stood at ₹48.25 crores, which is an increase from ₹45.44 crores in Q2FY25, resulting in a QoQ growth of 6.2%. When compared to Q3FY24, where the profit before tax was ₹26.36 crores, there was a substantial YoY increase of 83.0%. Post-tax profits for Q3FY25 were ₹36.09 crores, up from ₹32.93 crores in Q2FY25, marking a QoQ growth of 9.6%. The YoY growth from Q3FY24's post-tax profit of ₹20.47 crores was 76.3%. Earnings per Share (EPS) also saw an increase, reaching ₹3.40 in Q3FY25 from ₹2.90 in Q2FY25, with a 17.2% QoQ growth and a 70.0% YoY growth from ₹2.00 in Q3FY24.
Operating Metrics
Total expenses for Skipper Ltd in Q3FY25 were reported at ₹1090.72 crores, up from ₹1067.67 crores in Q2FY25, which represents a QoQ increase of 2.2%. Compared to Q3FY24, where total expenses were ₹777.47 crores, there was a YoY growth of 40.3%. The tax paid for Q3FY25 was ₹12.34 crores, an increase from ₹11.50 crores in Q2FY25, with a QoQ growth of 7.3%. Compared to the ₹8.59 crores tax paid in Q3FY24, the YoY increase was 43.7%. These figures indicate that while Skipper Ltd has increased its expenses, the growth in income and profits has been proportionally higher, contributing positively to the overall financial performance for the quarter.
