MoneyWorks4Me

Skipper wins orders of Rs 300 crore in Engineering Product business

02 Dec 2021 Evaluate

Skipper has secured fresh new order of Rs 300 crore for Transmission and Telecom towers from Power Grid Corporation of India (PGCIL) and from various export markets.

The company’s engineering business has secured Transmission tower export orders of Rs 185 crore for several T&D projects across Latin America, Middle East, West Asia and South Asia markets and Telecom towers from Latin America and Africa. Also, the company secured new order of Rs 115 crore of Transmission Towers from PGCIL projects.

Skipper is engaged in structural fabrication and manufacturing of mild steel and galvanized iron pipes, steel tubular poles, scaffolding and accessories and PVC pipes. Structural fabrication is the major contributor to the revenue of the company.

Peers
Company Name CMP
Bharat Heavy Elect. 414.00
Thermax 3558.65
Kirloskar Industries 3814.25
Skipper 534.15
INDO-MIM 975.75
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