Skipper Q3 Profit Surges 2x to Rs 20 cr - PTI
Feb 12, 2024 18:25
Skipper Ltd's consolidated net profit for Q3 FY24 climbed to Rs 20.4 crore, driven by higher income. Total income rose to Rs 803.8 crore.
Photograph: Courtesy Power Grid Corporation
New Delhi, Feb 12 (PTI) 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.
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.