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Skipper Limited registered its best ever third quarter and 9M revenue performance on the back of strong execution in engineering business segments

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KOLKATA, India, Feb. 6, 2025 /PRNewswire/ — Skipper Limited (BSE: 538562) and (NSE: SKIPPER), is one of the world’s leading manufacturers for Power Transmission & Distribution structures and a prominent manufacturer of Telecom and Railway structures. Skipper, also a significant player in Polymer Pipes & Fittings industry, announced its results for the third quarter of FY 25, ended 31st December, 2024.

 

Consolidated Financials – Q3 & 9M Fy’25 (Rs in Million)

Particulars

Q3 Fy’25

Q3 FY’24

Change %

9M Fy’25

9M FY’24

Change %

Revenue

11,352

8,016

42 %

33,367

21,285

57 %

EBITDA

1,109

771

44 %

3,281

2,109

56 %

EBITDA Margin %

9.80 %

9.60 %

9.80 %

9.90 %

Profit Before Tax

484

291

67 %

1,360

809

68 %

Profit After Tax

361

205

76 %

1,014

565

80 %

 

Key Business Highlights

Closing Order Book: Stands at Rs. 63,541 million, with 89% from domestic markets and 11% from exports.Quarterly Order Inflow: Rs. 13,182 million for engineering products supplies and EPC works.Significant Domestic Contracts: Secured significant large domestic contracts from Power Grid Corporation of India Limited (PGCIL), and private TSO.Year-to-Date Order Inflows: Total Rs. 37,433 million, reflecting strong traction across both domestic and international markets.

Director Speaks

Commenting on the results, Mr. Sharan Bansal, Director of Skipper Limited, said: “Skipper Limited’s record-breaking performance in the third quarter and the first nine months of the fiscal year is a reflection of our relentless focus on operational excellence, innovation, and market-driven strategies. Our robust order book of ₹63,541 million, with 89% from domestic markets and 11% from exports, showcases the trust and confidence that our customers place in us.

Securing large-scale contracts from prestigious clients such as the Power Grid Corporation of India Limited (PGCIL) and private transmission operators further solidifies our position as a key player in India’s infrastructure development. These wins reinforce our ability to execute complex engineering projects with precision and reliability. As the nation moves towards strengthening its transmission and distribution network, Skipper remains fully committed to contributing to this transformative journey.”

Mr. Bansal also added, “With sustained demand in the domestic market and steady traction in exports, we are confident of maintaining our growth momentum. Our focus remains on driving efficiencies, enhancing our technological capabilities, and exploring new opportunities that align with India’s infrastructure expansion goals.”

Speaking on the results, Mr. Devesh Bansal, Director, Skipper Limited, said: “We are immensely proud of Skipper Limited’s outstanding performance in the third quarter. Achieving our highest-ever quarterly and 9M revenue is a testament to our strong execution capabilities, customer-centric approach, and strategic expansion in the engineering business segment.

Our quarterly order inflow of ₹13,182 million for engineering products and EPC works, along with a total year-to-date order inflow of ₹37,433 million, highlights the sustained demand for our solutions. This strong traction across both domestic and international markets underscores our ability to meet evolving industry needs while maintaining superior quality and efficiency.

Looking ahead, we aim to build upon this success by investing in innovation, strengthening partnerships, and further optimizing our operational efficiencies. We remain dedicated to delivering long-term value to our stakeholders while contributing to the nation’s infrastructure and energy ambitions.”

ABOUT SKIPPER LIMITED

Skipper Limited, established in 1981, is one of the leading companies in the Power Transmission & Distribution and the Polymer segment. With over 42+ years of domain knowledge, it is the largest in India and tenth globally, basis the manufacturing capacity. Skipper differentiates its offerings with high quality but cost effective solution for infrastructure providers and telecom operators. Its international footprint spans across continents such as Latin America, Europe, and Africa and is spread across 65+ countries with presence across sub-segments such as Towers, EPC, Monopoles, Poles and Railway Electrification Structures. Skipper Limited is a national powerhouse in the Polymer pipe business. Under the brand name of ‘Skipper’, the company manufactures premium quality polymer pipes & fittings, which serve both the agricultural as well as plumbing sectors. Skipper Limited is listed at BSE (538562) and NSE (Symbol: SKIPPER) in 2014 & 2015 respectively. 

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Starti AI Studio Upgrades to 2.0: From Video Generation Tool to Complete Advertising Creative System

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PALO ALTO, Calif., April 23, 2026 /PRNewswire/ — Starti.ai, a technology company developing AI-powered tools for advertising video production, has announced the release of AI Studio 2.0, a system-level upgrade to its flagship platform. The update builds a complete workflow spanning creative understanding, video generation, campaign distribution, performance analysis, and optimization, helping brands and creative teams move beyond fragmented tools toward a sustainable, iterative creative system.

Video assets have become critical to advertising performance, yet creative production remains fragmented, with generation, distribution, and analysis scattered across separate tools. Most AI tools remain limited to template-based output, lacking deeper creative understanding or connection to campaign outcomes. AI Studio 2.0 addresses this gap through three core upgrades: creation capability, creation methodology, and analysis.

AI Studio’s Video Agent now functions as a creative collaborator with director-level thinking. Built on multimodal understanding, the Agent processes scripts, visuals, audio, and timeline information to handle shot planning, structure organization, and post-production editing. Rather than outputting isolated clips, the system generates complete video assets with editorial flexibility built in. A new FineTuning Mode allows users to make precise adjustments to specific sections without regenerating entire videos.

Motion Graphics production has shifted from fixed templates with swappable assets to dynamic, content-aware component generation. The system generates editable, reusable motion components scene by scene. Users can modify copy, images, colors, and other elements after generation while the system automatically maintains brand visual consistency, transforming one-time deliverables into sustainable creative assets.

Smart Insight is an entirely new module, marking AI Studio’s first expansion into post-campaign analysis. The module syncs data from Google and Meta, while further data access enablement for LinkedIn, TikTok, and AppsFlyer is currently underway. It then analyzes creative performance at the video structure level, including shot composition, pacing, information density, and narrative approach. By linking creative elements to conversion outcomes, Smart Insight delivers specific optimization recommendations.

This upgrade moves AI Studio from a standalone generation tool to an integrated creative loop system, combining deep understanding of advertising video logic with content editability and sustainable optimization. The Q2 2026 release represents an important step in AI Studio’s evolution toward a professional, controllable, and continuously improving advertising video creation system.

For more information, please visit https://starti.ai/, or stay tuned for the latest industry insights and real-time product updates from https://www.linkedin.com/company/startiai/, https://www.youtube.com/@starti_ai, and https://x.com/starti_ai.

About Starti.ai

Starti is a technology company focused on AI-powered advertising video production. Its flagship product, AI Studio, enables brands and creative teams to move beyond fragmented workflows by integrating video generation, post-production editing, and campaign performance analysis into a single platform. Starti’s approach emphasizes creative understanding, content editability, and data-driven optimization to help advertisers improve the impact of video assets on business outcomes.

 

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Ajinomoto Build-up Film Market worth $49.63 billion by 2032 – Exclusive Report by MarketsandMarkets™

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DELRAY BEACH, Fla., April 23, 2026 /PRNewswire/ — According to MarketsandMarkets™, the global Ajinomoto build-up film market is valued at USD 11.56 billion in 2026 and is projected to reach USD 49.63 billion by 2032, registering a CAGR of 27.5% during the forecast period.

Browse 40 market data Tables and 30 Figures spread through 80 Pages and in-depth TOC on “Ajinomoto Build-up Film Market – Global Forecast to 2032”

Ajinomoto Build-up Film Market Size & Forecast:

Market Size Available for Years: 2021–20322026 Market Size: USD 11.56 billion2032 Projected Market Size: USD 49.63 billionCAGR (2026–2032): 27.5%

Ajinomoto Build-up Film Market Trends & Insights:

The Ajinomoto build-up film market is a critical segment of the advanced semiconductor packaging ecosystem, driven by rising demand for high-performance computing, AI-enabled devices, and data center infrastructure. ABF is a key dielectric material in FC-BGA substrates, enabling high-density interconnects, superior electrical performance, and the thermal stability required for next-generation processors and GPUs. The market is witnessing steady growth due to rising chip complexity, miniaturization trends, and the transition toward advanced packaging technologies such as chiplets and heterogeneous integration.By application, the organic interposer industry is expected to grow at the highest CAGR of 31.1% during the forecast period.By region, Asia Pacific is expected to dominate the market, accounting for the largest market share of 50.7% in 2026.

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The Ajinomoto build-up film (ABF) market is projected to witness strong growth over the forecast period, driven by rising demand for high-performance, energy-efficient semiconductor packaging solutions. The increasing adoption of advanced computing technologies, including artificial intelligence (AI), high-performance computing (HPC), and data center infrastructure, is significantly accelerating demand for ABF substrates, which offer superior electrical insulation, thermal stability, and fine-line circuit formation. These materials are critical in enabling complex chip architectures used in servers, GPUs, and advanced processors. Additionally, the rapid proliferation of consumer electronics such as smartphones, laptops, and gaming devices, along with the expansion of 5G and IoT ecosystems, is further contributing to market growth by increasing the demand for high-density packaging solutions.

Increasing investments in semiconductor manufacturing capacity, particularly in the Asia Pacific and North America, are creating new growth opportunities for ABF suppliers. Furthermore, advancements in material science and process technologies are enabling enhanced performance characteristics, supporting next-generation chip designs.

The advanced semiconductor package substrate segment is expected to dominate the market by application during the forecast period.

Advanced semiconductor package substrate is the dominant application segment in the Ajinomoto build-up film market, driven by the escalating performance requirements of next-generation integrated circuits. ABF is a critical material used in FC-BGA (Flip Chip Ball Grid Array) substrates, which are extensively deployed in high-performance processors, GPUs, networking chips, and AI accelerators. Furthermore, the rapid expansion of data centers, cloud computing, and AI workloads is significantly boosting demand for advanced packaging substrates, thereby directly accelerating ABF consumption. Leading chip manufacturers and outsourced semiconductor assembly and test (OSAT) providers are increasingly investing in advanced substrate technologies to support high-speed data transmission and improved power efficiency. The ongoing transition toward chiplet architectures and 2.5D/3D packaging is also driving incremental demand for ABF-based substrates, as these technologies require higher interconnect density and improved signal integrity.

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North America is expected to grow at the fastest CAGR during the forecast period.

North America is expected to register the fastest CAGR in the Ajinomoto build-up film industry, driven by strong momentum in advanced semiconductor design, data center expansion, and strategic policy support for domestic chip manufacturing. The region hosts a high concentration of leading semiconductor companies, hyperscalers, and AI chip developers, which are significantly increasing demand for high-performance packaging substrates utilizing ABF materials. The rapid growth of AI, high-performance computing (HPC), and cloud infrastructure is accelerating the deployment of advanced processors and GPUs, thereby driving substantial demand for ABF-based FC-BGA substrates. Moreover, increasing collaboration between semiconductor companies, research institutions, and packaging players is fostering innovation in substrate technologies in the region.

Key Players

Leading players in the global Ajinomoto build-up film companies include Ajinomoto Co., Inc. (Japan), Sekisui Chemical Co., Ltd. (Japan), Waferchem Technology (Taiwan), Taiyo Holdings Co., Ltd. (Japan), and Nippon Kayaku Co., Ltd. (Japan), among others.

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Browse Adjacent Market: Semiconductor and Electronics Market Research Reports & Consulting

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Firefighting Aircraft Market to Reach $27.2 billion, Globally, by 2040 at 6.9% CAGR: Allied Market Research

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The firefighting aircraft market is expected to witness notable growth owing to use of aircraft to extinguish wildfire, increase in fire-related incidents in the oil & gas industry and increase in wildfire incidents.

WILMINGTON, Del., April 23, 2026 /PRNewswire/ — Allied Market Research published a report, titled, ‘Firefighting Aircraft Market by Aircraft Type (Fixed Wing or Airplanes, Rotorcraft or Helicopters), Tank Capacity (Less than 10,000 litres, 10,000 to 30,000 litres, More than 30,000 litres), Maximum Takeoff Weight (Less than 8,000 kg, 8,000 to 30,000 kg, More than 30,000 kg), and Range (Less than 1,000 km, 1,000 to 3,000 km, More than 3,000 km): Global Opportunity Analysis and Industry Forecast, 2025-2040.’ According to the report, the firefighting aircraft market was valued at $9.5 billion in 2024, and is estimated to reach $27.2 billion by 2040, growing at a CAGR of 6.9% from 2025 to 2040.

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Prime determinants of growth

The firefighting aircraft market is expected to witness notable growth owing to use of aircraft to extinguish wildfire, increase in fire-related incidents in the oil & gas industry and increase in wildfire incidents. Moreover, surge in contracts and agreements for long-term businesses and technological advancements in firefighting aircraft are expected to provide lucrative opportunities for the growth of the market during the forecast period. On the contrary, high capital requirement and delayed delivery of aircraft limit the growth of the firefighting aircraft market

Report coverage & details:

Report Coverage

Details

Forecast Period

2025–2034

Base Year

2024

Market Size in 2024

$9.5 billion

Market Size in 2034

$27.2 billion

CAGR

6.9 %

No. of Pages in Report

391

Segments covered

Aircraft Type, Tank Capacity, Maximum Takeoff Weight, and Range

Drivers

Use of Aircraft to Extinguish Wildfire

Increase in Fire-related Incidents in the Oil & Gas Industry

Increase in Wildfire Incidents

Opportunities

Surge in contracts and agreements for long-term businesses

Technological advancements in firefighting aircraft

Restraints

Delayed Delivery of Aircraft

High Capital Requirement

Procure Complete Report (391 Pages PDF with Insights, Charts, Tables, and Figures) @ https://www.alliedmarketresearch.com/checkout-final/0a50dc2f8d957c385100dae13073fde9

The less than 8000 KG segment to maintain its leadership status throughout the forecast period.

By maximum takeoff weight, the less than 8000 kg segment is expected to hold the highest market share in 2024, accounting for nearly three-fifths of the global firefighting aircraft market revenue and is estimated to maintain its leadership status throughout the forecast period. This dominance is driven by the widespread use of lightweight firefighting aircraft for rapid deployment, especially in rugged terrains and remote areas were larger aircraft face operational limitations.

The rotorcraft or helicopters segment to maintain its leadership status throughout the forecast period

By aircraft type, the rotorcraft or helicopters segment is expected to hold the highest market share in 2024, accounting for nearly half of the global firefighting aircraft market and is estimated to maintain its leadership status throughout the forecast period. This segment’s dominance is attributed to the helicopters’ exceptional versatility, ability to access hard-to-reach fire zones, and effectiveness in water bucket operations and precision drops.

The less than 10,000 litres segment to maintain its leadership status throughout the forecast period

By tank capacity, the less than 10,000 litres segment is expected to hold the highest market share in 2024, accounting for nearly one-third of the global firefighting aircraft market and is estimated to maintain its leadership status throughout the forecast period. This segment’s dominance is attributed to the high demand for agile and cost-effective firefighting solutions that can quickly access fire-prone regions with limited infrastructure. These aircraft are ideal for initial attack operations, enabling rapid response and containment of wildfires before they escalate.

The 1000 to 3000 km segment to maintain its leadership status throughout the forecast period

By range, the 1000 to 3000 km segment is expected to hold the highest market share in 2024, accounting for nearly two-fifths of the global firefighting aircraft market and is estimated to maintain its leadership status throughout the forecast period. Owing to their optimal balance between operational reach and fuel efficiency, aircraft in this range category are well-suited for regional firefighting missions. They can cover large areas without frequent refuelling stops, allowing for sustained firefighting operations across multiple hotspots.

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North America dominated the market in 2024

By Region, North America region generated the largest share in 2023, accounting for more than two-fifth of the global firefighting aircraft market and is estimated to maintain its leadership status throughout the forecast period. Owing to the increasing frequency and severity of wildfires in countries like the United States and Canada, there is a heightened demand for advanced aerial firefighting capabilities. The presence of well-established firefighting infrastructure, substantial government funding, and continuous investment in upgrading aircraft fleets with modern technologies further supports the region’s dominance.

Leading Market Players: –

SAABShinMaywa Industries, Ltd.COULSON GROUPConair Aerial FirefightingLockheed Martin CorporationKaman CorporationAIRBUSTextron, Inc.Leonardo S.p.A.De HavillandAircraft of Canada Limited

The report provides a detailed analysis of these key players in the global firefighting aircraft market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in country. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.

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