Industrials · Q2FY27 · Consolidated

Skipper Ltd: Q2FY27 results

Skipper Ltd reported revenue of Rs 1,384 cr and net profit of Rs 58 cr for Q2FY27.

By Ashutosh

Filed 30 Oct 2026, 14:05 IST · Skipper Ltd (SKIPPER)

Price around the results

What was reported

Skipper Ltd reported revenue of Rs 1,384 cr and net profit of Rs 58 cr for Q2FY27. Figures are consolidated.

How it compares

Against the previous quarter revenue changed +5.66%.

Q2FY27 at a glance

Consolidated figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.

Line itemQ2FY27Q1FY27QoQ
Revenue₹1,384 cr₹1,310 cr+5.66%
Other income₹2 cr₹5 cr-53.47%
Expenses₹1,239 cr₹1,170 cr+5.94%
Operating profit₹145 cr₹140 cr+3.35%
Operating margin (%)10.46%10.70%—
Interest₹44 cr₹47 cr-5.76%
Depreciation₹25 cr₹22 cr+11.86%
Profit before tax₹78 cr₹76 cr+2.92%
Tax₹20 cr₹19 cr+5.16%
Net profit₹58 cr₹57 cr+2.17%
EPS (₹)₹4.87₹5.03-3.18%

Operating margin of 10.46% compares with a Industrials sector median of 12.26% across 66 peers that have reported Q2FY27.

What management said

From the company’s own investor presentation. Each point is checked against the source document before it appears here.

This quarter

  • The company is executing approximately 5,500 circuit kilometers of EHV and HVDC transmission line work.
  • The company successfully charged the Sikar II–Khetri TL 03 765 kV line in Rajasthan.

Expansion

  • The 450,000 MTPA capacity expansion has been successfully commissioned.
  • The ongoing 75,000 MTPA expansion is expected to be commissioned and operational by H2’27.
  • The 75,000 MTPA expansion will increase total installed capacity to 450,000 MTPA from 375,000 MTPA.

New orders

  • The company secured three 765 kV line projects from a reputed domestic developer during the quarter.
  • Record quarterly export order inflows reached ₹10,546 million, driven by Australia and North America.

New initiatives

  • Global customer qualification initiatives are progressing across developed markets.
  • The company established a USA subsidiary to strengthen its global presence.
  • The company is expanding international reach through new customer engagements and targeted frame agreements.

Problems & risks

  • Exports fell about 46% year on year due to West Asia geopolitical developments, causing delays and temporary holds.