Skipper Limited Reports Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2016
February 08, 2017 at 05:26 am EST
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Skipper Limited reported consolidated earnings results for the third quarter and nine months ended December 31, 2016. For the quarter, the company's net sales were INR 4,301.5 million compared to INR 3,615.7 million a year ago. Operating EBITDA was INR 570.4 million compared to INR 495 million a year ago. Operating PBT was INR 325.4 million compared to INR 289.1 million a year ago. PBT was INR 325.4 million compared to INR 289.1 million a year ago. Operating PAT was INR 223.5 million compared to INR 187 million a year ago. PAT was INR 223.5 million compared to INR 187 million a year ago. Operating EBITDA was INR 570.4 million compared to INR 495.0 million a year ago.
For the nine months, the company's net sales were INR 11,139.2 million compared to INR 9,396.2 million a year ago. Operating EBITDA was INR 1,518.4 million compared to INR 1,277 million a year ago. Operating PBT was INR 838.9 million compared to INR 725.2 million a year ago. PBT was INR 868.5 million compared to INR 906.5 million a year ago. Operating PAT was INR 567.1 million compared to INR 472.1 million a year ago. PAT was INR 587.1 million compared to INR 590.1 million a year ago. Operating EBITDA was INR 1,518.4 million compared to INR 1,277.0 million a year ago.
Skipper Limited is an integrated transmission and distribution structure manufacturing company with angle rolling, tower, accessories and fastener manufacturing and engineering, procurement and construction (EPC) line construction. The Company operates through three segments: Engineering Products, Infrastructure Projects, and Polymer Products. The Engineering Products segment includes towers, tower accessories, fasteners, angles, channels, highmast poles, swaged poles, scaffoldings, solar power systems, railway structures, and others. The Infrastructure Projects segment includes horizontal direct drilling services and engineering, procurement & construction services. The Polymer Products segment includes polyvinyl chloride (PVC), chlorinated polyvinyl chloride (CPVC), unplasticized Polyvinyl Chloride (UPVC), soil, waste and rain (SWR) pipes and fittings, and other related products. Under the brand name Skipper, the Company manufactures a range of premium quality pipes and fittings.
SKIPPER LIMITED 
