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Skipper Q3 results: Profit rises two-fold to Rs 20 cr on higher income

Kolkata-based Skipper is one of the leading companies in power transmission and distribution and the polymer segment

q3 results

ILLUSTRATION: AJAY MOHANTY

Press Trust of India New Delhi

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Power transmission company Skipper Ltd on Monday posted an over two-fold rise in consolidated net profit at Rs 20.4 crore for December quarter FY24, backed by higher income.

It had clocked a net profit of Rs 9.5 crore in October-December FY23, the company said in an exchange filing.

Total income surged to Rs 803.8 crore from Rs 446.0 crore a year ago.

Expenses were at Rs 777.4 crore as against Rs 436.6 crore in the third quarter last fiscal.

Kolkata-based Skipper is one of the leading companies in power transmission and distribution and the polymer segment.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Feb 12 2024 | 7:02 PM IST

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