Skip­per reg­is­ters 231% growth in profit

Power Watch India - - DESPATCHES FINANCE -

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.

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