Skipper registers 231% growth in profit
Skipper Ltd, with a nameplate capacity of over 175,000 MTPA, announced its annual results for fiscal year 2014-2015. It continued its upward growth trajectory with a distinct improvement in profitability as the net profit for the year ended 31 March 2015 rose to Rs 89.17 crore from Rs 26.91 crore in the previous year. Sales achievements: The total gross income of Skipper increased to Rs 1458.90 crore from Rs 1, 167 crore in the previous year achieving a growth of over 24.98% on year-to-year basis. Profitability: The company has registered operational growth as evidenced by the fact that it has achieved EBIDTA of Rs 216.82 crore this year which is 93% higher than the EBIDTA of the previous year.