Skipper Limited Reports Earnings Results for the Second Quarter Ended September 30, 2019
November 13, 2019 at 06:10 am EST
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Skipper Limited announced earnings results for the second quarter ended September 30, 2019. For the second quarter, the company announced total revenue was INR 3,134.16 million compared to INR 5,242.96 million a year ago. Net income was INR 6.42 million compared to INR 24.94 million a year ago. Basic earnings per share was INR 0.06 compared to INR 0.24 a year ago. For the half year, total revenue was INR 6,522.49 million compared to INR 10,033.17 million a year ago. Net income was INR 85.03 million compared to INR 69.92 million a year ago. Basic earnings per share was INR 0.83 compared to INR 0.68 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 
