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Skipper Delivers Record Q4/FY25 Results with Surging Revenue, PAT, Major EPC Wins, Capacity Expansion, and First Major US Order

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Business Highlights

Company registered its best quarter and annual revenue performance on back of strong execution in Engineering business segments.Reported highest ever quarter and annual PAT.Achieved Highest ever Closing order book and Annual Order Inflow 

KOLKATA, India, April 30, 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 fourth quarter of FY 25, ended 31st March 2025.  

 

 

Consolidated Financials – Q4 & 12M Fy’25 (Rs in Million)

Particulars

Q4 Fy’25

Q4 FY’24

Change %

12M Fy’25

12M FY’24

 Change %

Revenue

12,878

11,535

12 %

46,245

32,820

41 %

EBITDA

1,237

1,085

14 %

4,517

3,194

41 %

EBITDA Margin %

9.6 %

9.4 %

9.8 %

9.7 %

Profit Before Tax

627

476

32 %

1,987

1,285

55 %

Profit After Tax

479

252

90 %

1,493

817

83 %

 

Key Business Highlights 

Closing Order Book (March- 25): Stands at an All-time high level of Rs. 74,584 million up by 20% over March 24 Level, with 88% share from domestic markets and 12% from exports.Q4 FY 25 Order Inflow: Rs. 15,920 million for engineering products supplies and EPC works. Significant Contracts: Secured significant large size domestic EPC contracts from PGCIL and International market during the quarter. Year-to-Date Order Inflows: Achieved highest ever order inflow of Rs. 53,353 million in Fy’25 against Rs 42,855 in Fy’24, registering a YoY growth of 24%, reflecting strong traction across both domestic and international markets. Exports Revenue grew by 21% to Rs 7,703 million from Rs 6,356 million in last year.

Other Business Highlights

Strategic Foray into Substation EPC: Successfully entered the Substation EPC segment with the receipt of the first order, marking a significant step in capability expansion.Capacity Expansion on Track: The capacity addition plan for an additional 75,000 MTPA in the engineering segment is progressing as scheduled. Trial production is currently underway, with a portion of the capacity already commissioned. The full capacity is expected to be commissioned and operational by next month, taking our total capacity to 375,000 MTPA and significantly boosting our execution capabilities.Digital Transformation Underway: SAP S/4HANA RISE implementation is progressing steadily, driving greater operational efficiency and data integration.Breakthrough in the USA Market: Secured the first major and sizeable pole supply order from the United States, reinforcing global growth ambitions.

Director Speaks 

Commenting on the results, Mr. Sharan Bansal, Director of Skipper Limited, said: “FY25 has been a landmark year for Skipper, and I am proud to share that we have achieved our highest-ever quarterly and annual revenue and profitability, backed by exceptional execution in our Engineering business. The strong domestic demand environment enabled us to secure significant EPC contracts, including large wins from PGCIL, reinforcing our leadership in the high-voltage transmission segment.

Our closing order book at ₹74,584 million reflects our continued market dominance and customer trust. With 88% of the order book from domestic markets, we remain deeply aligned with India’s infrastructure growth and the Government’s transmission expansion initiatives under the National Electricity Policy.

A particularly exciting development this year is our entry into the Substation EPC segment, marked by the receipt of our first order. This move strategically enhances our capability portfolio and positions us to offer more integrated solutions in the power transmission ecosystem.”

Mr. Bansal also added, ” As we prepare to commission 75,000 MT of new capacity next month, we are well-positioned to capitalize on the increasing demand for transmission infrastructure, both in terms of volume and complexity. We are confident this expansion will enable us to scale new heights in the coming fiscal”

Speaking on the results, Mr. Devesh Bansal, Director, Skipper Limited, said: “This year marks a series of strategic milestones for Skipper Limited on the global and digital front. I’m especially proud to announce our first major pole supply order from the USA, which is a significant breakthrough and opens new growth avenues in North America—a priority geography under our global expansion strategy.

With year-to-date order inflows of ₹53,353 million, we are seeing strong traction across both domestic and international markets. This robust inflow underlines our growing influence in the global power infrastructure space and our ability to respond to complex customer needs.

On the digital transformation front, the implementation of SAP S/4HANA RISE is progressing well. This upgrade will bring end-to-end visibility, operational agility, and scalability to support our ambitious growth journey. As we embrace technology and globalization, we remain committed to innovation, excellence, and stakeholder value creation.”

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 44+ years of domain knowledge it is 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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GAC Showcases Multiple Models at Canton Fair: Systemic Global Expansion as a Response to High‑Level Opening‑Up

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GUANGZHOU, China, Oct. 17, 2026 /PRNewswire/ — On 15 October, the 140th China Import and Export Fair (Canton Fair) kicked off in Guangzhou. Dubbed “China’s No.1 Exhibition” with a 70‑year history, it serves as a vital window for global merchants to understand China, and one of GAC’s stages to connect with the world. For international buyers, GAC serves not only as a sourcing platform but as a trusted channel for experiencing Chinese automotive innovation and building long-term local partnerships. Having made its debut in 2012, GAC has participated in the fair 30 times to date. Together with the Canton Fair, it has witnessed the transformation of Made‑in‑China products into Chinese global brands.

This transformation is reflected in GAC’s global expansion journey through a string of continuously refreshed sales figures. Overseas sales stood at 90,000 units in 2024, hit 130,000 units in 2025, and exceeded 197,000 units in January‑September 2026, representing a year‑on‑year surge of 138.9%. GAC is sprinting full steam ahead toward its annual target of 300,000 overseas units. GAC has accomplished a shift from “product export” to “system‑level global expansion”.

At the GAC booth, XT80, AION i60 and AISTALAND GX7 showcased intelligent driving, three-electric systems and premium cabins. The energy-ecology zone featured DC ultra-fast charging piles, 7 kW smart home chargers, multi-in-one electric drive units and PV-Storage-Charging-Swapping Technology, addressing range anxiety. Opening day drew buyers from Southeast Asia, the Middle East, Europe, Latin America and Africa. At the Music & Cuisine Festival, GAC built three immersive spaces blending smart mobility, Cantonese cuisine, camping and sports. The XT80, AION N60, GAC S7 and AISTALAND GT7 served as lifestyle carriers, letting guests enjoy morning tea, global cuisines and intangible cultural heritage.

GAC will advance its ONE GAC 2.0 strategy, deepening localized operations and expanding its systematic global layout. As a tribute to the Canton Fair’s 70th anniversary and a new business card for China’s auto industry, GAC will help drive Chinese intelligent manufacturing onto the global stage.

For further information about GAC, please visit https://www.gacgroup.com/en or follow us on social media.

 

SOURCE GAC

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Highland and Bath Counties, Virginia Go Live on a Shared Caliber Hosted CAD Environment

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Two neighboring rural counties, two dispatch centers, one common platform supporting more than 900 square miles of mountainous terrain

NORTH LITTLE ROCK, Ark., Oct. 17, 2026 /PRNewswire/ — Caliber Public Safety announced that Highland County and Bath County, Virginia went live on Caliber Hosted CAD on Tuesday, October 6, with both counties operating within a shared hosted environment. The arrangement gives each county its own dispatch operation while placing both on a common platform, creating a practical foundation for coordination between two neighboring jurisdictions.

For rural agencies, interoperability is usually a question of what happens when an incident crosses a county line. Mutual aid is routine in this part of western Virginia, where Highland County covers roughly 416 square miles with about 2,300 residents, and Bath County covers more than 500 square miles with about 4,100 residents. Together, the two counties serve a largely forested and mountainous service area with a small number of dispatchers and responders on any given shift.

The shared tenant approach addresses that directly. Each county retains the configuration, workflows, and local control it needs to run its own center. Both counties work from the same underlying platform, which removes the technical barriers that normally sit between separate CAD systems in adjacent jurisdictions.

“Two counties sharing one hosted CAD environment is not something you see often in rural public safety, and it took real coordination between both counties and our teams to get there,” said Michael Sturgeon, Senior Project Manager at Caliber Public Safety. “What matters is what the dispatchers and responders have now. Each county runs its own center the way it needs to, and neither one is working in isolation anymore.”

Capabilities Delivered

Highland County, which joined the Caliber CAD customer base with this project, is now operating Hosted CAD with integrated mapping and CJIS query, along with Google Places address validation and a LinX interface for regional information sharing. The county also uses Caliber’s Online RMS for sworn and non-sworn personnel. For dispatchers covering a county with one of the highest mean elevations east of the Mississippi River, verified addressing and immediate access to criminal justice data reduce the guesswork that slows down a call.

Bath County is operating Hosted CAD with mapping and CJIS query, plus interfaces to PulsePoint, RapidSOS with alerts. The RapidSOS connections put caller location and device data in front of the dispatcher at the start of the call, which matters in terrain where a caller may not be able to describe where they are. The PulsePoint interface extends cardiac arrest notifications to trained citizens and off-duty responders nearby, a meaningful addition in a county where response distances are long.

A Migration, Not Just an Implementation

Bath County has been a Caliber premise CAD and Online RMS customer for years. As part of this project, the county moved its premise-based system onto Hosted CAD, and Caliber completed a data conversion to bring the historical CAD databases forward into the new environment.

That piece is often the sticking point for agencies considering a move off a premise system. Years of call history, incident records, and master index data represent case continuity, state reporting obligations, and institutional knowledge. Data conversion is a formal, structured component of every Caliber implementation, with Caliber’s team managing the technical transformation, validation, and loading so that historically critical records carry over intact.

Caliber products are hosted at Nlets, the International Justice and Public Safety Network, and meet FBI CJIS policies, standards, and guidelines. The facilities include multi-site hot backup disaster recovery and redundant network paths to key state and federal entities.

Project Teams

The go-live required coordination among both counties and Caliber’s Professional Services, Deployment, Training, Engineering, and Support teams. Caliber congratulates the public safety professionals of Highland County and Bath County on a successful implementation and looks forward to a fruitful partnership.

About Caliber Public Safety

Caliber Public Safety provides integrated technology solutions for law enforcement, fire/EMS, corrections, and 911 communications agencies. The Caliber platform includes CAD, Mobile, Online RMS, and JailTracker, all built by and for public safety professionals. With a focus on reliability, interoperability, and ease of use, Caliber serves hundreds of agencies across the country, helping first responders spend less time on technology and more time serving their communities.

View original content to download multimedia:https://www.prnewswire.com/news-releases/highland-and-bath-counties-virginia-go-live-on-a-shared-caliber-hosted-cad-environment-302911615.html

SOURCE Caliber Public Safety

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ASSA ABLOY sells PKI business unit to Vista Equity Partners

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ASSA ABLOY has signed an agreement to sell HID’s PKI business unit to Vista Equity Partners (“Vista”).

STOCKHOLM, Oct. 17, 2026 /PRNewswire/ — The PKI business unit (Public Key Infrastructure) provides digital trust, identity, authentication, encryption, and certificate management solutions. The business unit includes PKI SaaS – IdenTrust and HydrantID – credential management, and ZeroSSL.

“I find it very satisfying that with Vista, the PKI business unit and its employees and customers gain a committed long-term investor, creating new opportunities for the future and I wish them every success,” says Nico Delvaux, President and CEO of ASSA ABLOY.

“Our PKI team has built a strong business with a strong customer base, and Vista has the expertise to take it forward as the market evolves,” says Björn Lidefelt, EVP and Head of HID. “We are pleased with this outcome for our customers, our employees, and for HID.”

The divested business had sales in 2025 of MUSD 58 (approx. MSEK 570) with a strong operating margin.

The divestiture is subject to customary closing conditions and is expected to close during the fourth quarter of 2026.

For more information, please contact:
Nico Delvaux, President and CEO, tel. no: +46 8 506 485 82
Erik Pieder, CFO and Executive Vice President, tel. no: +46 8 506 485 72
Björn Tibell, Head of Investor Relations, tel. no: +46 70 275 67 68, e-mail: bjorn.tibell@assaabloy.com

About ASSA ABLOY
ASSA ABLOY is the global leader in access solutions. Every day we help people feel safe, secure and experience a more open world. We operate worldwide with 64,000 employees and sales of SEK 152 billion, with leading positions in areas such as efficient door openings, trusted identities and entrance automation. Our innovations enable safe, secure and convenient access to physical and digital places.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/assa-abloy/r/assa-abloy-sells-pki-business-unit-to-vista-equity-partners,c4410007

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