+
Skipper Secures Rs 13.05 bn Orders For T&D Projects
POWER & RENEWABLE ENERGY

Skipper Secures Rs 13.05 bn Orders For T&D Projects

Skipper gained after it secured Rs 13.05 billion (bn) of orders for transmission and distribution projects, prompting a share price rise of two point three five per cent to Rs 560. The orders cover projects across India and export markets and include the supply of transmission towers and monopoles for projects in North America as well as two 765 kV transmission line projects from a reputed domestic developer. The company described the wins as a validation of its project capabilities and international traction.

Skipper's director Sharan Bansal indicated that the receipt of orders aggregating to Rs 13.05 bn across domestic and international markets endorsed the company's execution capabilities, technical expertise and growing customer confidence. He noted particular encouragement at renewed momentum in the export business, with orders from developed markets gaining traction in line with the company's expectations. The range of contracts was said to strengthen a diversified T&D portfolio and reinforce the firm's position as a partner for complex power infrastructure projects.

The director added that export opportunities were picking up across targeted developed markets and that the company expected momentum to strengthen as market conditions improved. Management viewed the sustained inflows as reflecting significant investments in transmission infrastructure, grid expansion and renewable energy integration in India and globally. With a healthy order book and pipeline, the company said it would focus on disciplined project selection, efficient execution and a balanced domestic and international mix to scale the business.

Skipper is described as among the world's leading manufacturers of power transmission and distribution structures and a key EPC player in 765 kV transmission lines and substations, with operations in telecom, railway structures and polymer pipes and fittings. On a consolidated basis, net profit rose 25.52 per cent to Rs 568.1 million (mn) in the quarter ended June 2026 from Rs 452.6 mn in the corresponding quarter of the previous year, while sales increased 4.46 per cent to Rs 13.10 bn from Rs 12.54 bn.

Skipper gained after it secured Rs 13.05 billion (bn) of orders for transmission and distribution projects, prompting a share price rise of two point three five per cent to Rs 560. The orders cover projects across India and export markets and include the supply of transmission towers and monopoles for projects in North America as well as two 765 kV transmission line projects from a reputed domestic developer. The company described the wins as a validation of its project capabilities and international traction. Skipper's director Sharan Bansal indicated that the receipt of orders aggregating to Rs 13.05 bn across domestic and international markets endorsed the company's execution capabilities, technical expertise and growing customer confidence. He noted particular encouragement at renewed momentum in the export business, with orders from developed markets gaining traction in line with the company's expectations. The range of contracts was said to strengthen a diversified T&D portfolio and reinforce the firm's position as a partner for complex power infrastructure projects. The director added that export opportunities were picking up across targeted developed markets and that the company expected momentum to strengthen as market conditions improved. Management viewed the sustained inflows as reflecting significant investments in transmission infrastructure, grid expansion and renewable energy integration in India and globally. With a healthy order book and pipeline, the company said it would focus on disciplined project selection, efficient execution and a balanced domestic and international mix to scale the business. Skipper is described as among the world's leading manufacturers of power transmission and distribution structures and a key EPC player in 765 kV transmission lines and substations, with operations in telecom, railway structures and polymer pipes and fittings. On a consolidated basis, net profit rose 25.52 per cent to Rs 568.1 million (mn) in the quarter ended June 2026 from Rs 452.6 mn in the corresponding quarter of the previous year, while sales increased 4.46 per cent to Rs 13.10 bn from Rs 12.54 bn.

Related Stories

Gold Stories

Next Story
Infrastructure Transport

MMRDA Targets Completion of Projects by December 2028

The Mumbai Metropolitan Region Development Authority (MMRDA) is targeting the completion of all its ongoing infrastructure projects by December 2028, a year ahead of its December 2029 deadline, Metropolitan Commissioner Dr Sanjay Mukherjee has said.Speaking at the sixth edition of the Real Estate & Infrastructure Investors' Summit (REIIS) 2026 in Mumbai, Mukherjee said the authority was developing an integrated network of roads, tunnels, sea links and Metro corridors under its broader vision of “Mumbai in 59 Minutes”.The objective is to improve east-west and north-south connectivity an..

Next Story
Building Material

High-Performance Façades Gain Ground in Indian Buildings

High-performance façades are gaining greater importance in Indian architecture as developers and architects increasingly focus on energy efficiency, thermal comfort and building performance, according to Shankar Fenestrations & Glasses.The company said modern façade systems are increasingly being considered as part of a building's overall performance strategy rather than being used primarily as aesthetic elements.High-performance glass, curtain wall systems and structural glazing can contribute to thermal regulation, solar control, daylight management and indoor comfort. Their growing ad..

Next Story
Technology

SPML Infra's 104.4 kWh BESS Battery Pack Clears Global Tests

SPML Infra has announced that its proprietary 104.4 kWh Battery Energy Storage System (BESS) battery pack has completed key international safety, performance and transportation testing and certification requirements, marking a step towards its commercial deployment.Developed under the company's own intellectual property, the battery pack has completed requirements under UL9540A, IEC 62619, IEC 63056, IEC 60730, IEC 61000-6-2, IEC 61000-6-4 and UN38.3 standards.The testing covers areas including thermal runaway safety, battery performance, system functional safety, electromagnetic compatibility..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code