5385622026-01-012026-03-315385622026-03-315385622025-03-315385622025-04-012026-03-315385622026-01-012026-03-31in-capmkt:OtherExpenses1Member5385622026-01-012026-03-31in-capmkt:OtherExpenses2Member5385622025-04-012026-03-31in-capmkt:OtherExpenses1Member5385622025-04-012026-03-31in-capmkt:OtherExpenses2Member5385622026-03-31OtherNoncurrentFinancialAssetsDomain15385622026-03-31OtherNoncurrentAssetsDomain15385622026-03-31OtherCurrentFinancialAssetsDomain15385622026-03-31OtherCurrentAssetsDomain15385622026-03-31OtherCurrentAssetsDomain25385622026-03-31OtherNoncurrentFinancialLiabilitiesDomain15385622026-03-31OtherNoncurrentFinancialLiabilitiesDomain25385622026-03-31OtherNoncurrentLiabilitiesDomain15385622026-03-31OtherNoncurrentLiabilitiesDomain25385622026-03-31OtherCurrentFinancialLiabilitiesDomain15385622026-03-31OtherCurrentFinancialLiabilitiesDomain25385622026-03-31OtherCurrentLiabilitiesDomain15385622026-03-31OtherCurrentLiabilitiesDomain25385622026-01-012026-03-31in-capmkt:ReportableSegments1Member5385622026-01-012026-03-31in-capmkt:ReportableSegments2Member5385622026-01-012026-03-31in-capmkt:ReportableSegments3Member5385622025-04-012026-03-31in-capmkt:ReportableSegments1Member5385622025-04-012026-03-31in-capmkt:ReportableSegments2Member5385622025-04-012026-03-31in-capmkt:ReportableSegments3Member5385622026-01-012026-03-31in-capmkt:ReportableSegments1Member5385622026-01-012026-03-31in-capmkt:ReportableSegments2Member5385622026-01-012026-03-31in-capmkt:ReportableSegments3Member5385622025-04-012026-03-31in-capmkt:ReportableSegments1Member5385622025-04-012026-03-31in-capmkt:ReportableSegments2Member5385622025-04-012026-03-31in-capmkt:ReportableSegments3Member5385622026-01-012026-03-31in-capmkt:ReportableSegments1Member5385622026-03-31in-capmkt:ReportableSegments1Member5385622026-01-012026-03-31in-capmkt:ReportableSegments2Member5385622026-03-31in-capmkt:ReportableSegments2Member5385622026-01-012026-03-31in-capmkt:ReportableSegments3Member5385622026-03-31in-capmkt:ReportableSegments3Member5385622026-01-012026-03-31in-capmkt:ReportableSegments1Member5385622026-03-31in-capmkt:ReportableSegments1Member5385622026-01-012026-03-31in-capmkt:ReportableSegments2Member5385622026-03-31in-capmkt:ReportableSegments2Member5385622026-01-012026-03-31in-capmkt:ReportableSegments3Member5385622026-03-31in-capmkt:ReportableSegments3Member5385622026-01-012026-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15385622025-04-012026-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15385622026-01-012026-03-31ItemsThatWillBeReclassifiedToProfitAndLoss15385622025-04-012026-03-31ItemsThatWillBeReclassifiedToProfitAndLoss15385622026-01-012026-03-31AuditorDomain1iso4217:INRiso4217:INRxbrli:shares538562SKIPPERNOTLISTEDINE439E01022SKIPPER LIMITEDMain BoardEquity2025-04-012026-03-312026-04-282026-04-22INRMillionsQuarterlyFourth quarterMulti segment2026-04-2813:00:002026-04-2815:00:00trueCash Flow IndirectDeclaration of unmodified opinion2026-01-012026-03-31AuditedConsolidated1666582000015470000166812900001040777000001383000006962500005448000002152400003689440000156918000009894900000989490000272490000-390500002334400000756050000000245200007805700005043000001284870000000011290000016.966.96006.966.961.The above consolidated financial results which are published in accordance with Regulation 33 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 have been reviewed by the Audit Committee and approved by the Board of Directors at their meetings held on 28th April, 2026. The consolidated financial results are in accordance with the Indian Accounting Standards (Ind-AS) as prescribed under Section 133 of the Companies Act, 2013, read with the relevant Rules thereunder. These consolidated financial results have been subjected to an audit by the Statutory Auditors of the Company. <BR> 2.The above results comprises of the parent Company i.e. Skipper Limited and one Joint Venture. <BR> The Company has incorporated a wholly owned subsidiary (WOS) under the name of SKIPPER LATAM LTDA in Brazil on 13th March, 2026. The WOS has not commenced business operations as on 31 March 2026. No capital contribution has been made and no shares have been allotted to the Holding Company as on 31 March 2026. The WOS had no financial transactions during the year ended 31 March 2026 and accordingly has no impact on the accompanying consolidated financial results. <BR> 3.Pursuant to the notification issued by the Ministry of Labour and Employment, the Code on Wages, 2019, the Code on Social Security, 2020, the Industrial Relations Code, 2020 and the Occupational Safety, Health and Working Conditions Code, 2020 (collectively referred to as the "New Labour Codes") became effective from 21st November 2025. The Company has reassessed its employee benefit obligations in accordance with the revised definition of wages. Accordingly, an incremental liability on account of past service cost in accordance with IND AS 19 - Employee Benefits, amounting to' 47.89 million has been charged to the Profit and Loss Account under the head Salary & Wages for the financial year ended 31st March 2026. The aforementioned amount was recognized during the quarter ended 31st December 2025 and there was no incremental impact during the quarter ended 31st March 2026. The Company continues to monitor developments relating to the implementation of the New Labour Codes and will review its estimates and assumptions on an ongoing basis. <BR> 4.The Company disputed the levy of entry tax from FY 2013-14 to 2017-18, which was also set aside by Supreme Court earlier, being unconstitutional and void. However, on 30th January, 2025, the division bench of the Honble High Court of Calcutta overturned all the previous decisions. During the quarter ended Sep25, this disputed entry tax amounting to 142.39 millions has been fully settled under the West Bengal Sales Tax (Settlement of Dispute) Rules, 1999 at 106.79 million (i.e. 75% of the total disputed amount) and received a waiver of interest, late fee and penalty. The same has been disclosed as an exceptional item for the year ended 31st March, 2026. <BR> 5.During the current financial year, the Company has entered into certain “Commodity Hedge (derivative) contracts” and designated the same under “Hedge Accounting” in accordance with IndAS 109 “Financial instruments”. The effective portion of changes in fair value of these derivatives for the quarter and year ended 31st March 2026 amounting to 692.32 million ( 518.06 Million, net of deferred tax of 174.26 million) and 1159.36 million (867.55 million net of deferred tax of 291.81 million) respectively have been recognized in “Other Comprehensive Income” and accumulated under “Cash Flow Hedge Reserve” within Other Equity. <BR> 6.In pursuant to its Board Meeting on October 28, 2024, the company made a first and final call to eligible equity shareholders for the Rights Issue approved during the financial year 2023-24. The Call money was fully received, except for 33,198 equity shares. The Board of Directors approved forfeiture of these shares on 7th November, 2025, and they were subsequently forfeited in the quarter ending 31st December, 2025. <BR> 7.The figures for three months ended 31st March, 2026 and 31st March, 2025 are arrived at as difference between audited figures in respect of full financial year and the unaudited figures upto nine months ended 31st December of the relevant financial year. Also the figures upto the end of third quarter had only been reviewed and not subjected to audit. <BR> 8.The Board of Directors has recommended a dividend of 0.10 Per share of face value of 1 each aggregating to 11.29 million for the year ended 31st March, 2026 subject to approval in the ensuing Annual General Meeting. <BR> 9.Previous year/periods figures have been regrouped or rearranged, wherever necessary.2025-04-012026-03-31AuditedConsolidated5552822000010555000055633770000355410800000-1111100002643420000217066000079799000011728220000527702600002863510000-106790000275672000045768000022579000068347000002073250000000580200002131270000850170000298144000000001129000001018.8818.880018.8818.88Other expenses1122250000Labour, Stores and other project expenses2567190000Other expenses4539430000Labour, Stores and other project expenses718879000091972300002730540000002472690000261970000042562000068759000019699000015285040000105882500000148476900002936000029006000001829370000169964800002463270000300480000004533304000011451000014797780000149122900000149122900004433880000000441940000487582000017360000011497600000103875000072379300004783800000285290000168438900001712918000058754000022500520000600060000810000074140000023182820000003042075000045333040000Other Financial Asset425620000Other Non-Current Assets196990000Other Current Financial Assets1829370000Contract Assets965360000Other Current Assets1497910000Lease Liabilities163050000Other Financial Liabilities278890000Other Non-Current Liabilities26610000Contract Liabilities1012140000Other Financial Liabilities490400000Lease Liabilities97140000Contract Liabilities536170000Other Current Liabilities63890000Engineering Products12487380000Polymer Products1599820000Infrastructure Projects2578620000Engineering Products43590150000Polymer Products5068990000Infrastructure Projects68690800001666582000055528220000001666582000055528220000Engineering Products1514620000Polymer Products59560000Infrastructure Projects157330000Engineering Products5172900000Polymer Products161730000Infrastructure Projects37090000017315100005705530000493090000214021000022441000075058000010140100002814740000Engineering Products28874170000Polymer Products5421620000Infrastructure Projects893311000043228900000210414000045333040000Engineering Products14891570000Polymer Products1335420000Infrastructure Projects372587000019952860000104678900003042075000021706600001385810000-79223400000-13813000000-115504000004936720000043300000007979900000101500000049100000-776900000792200000-362000000067370000004893400003246060000000472250000027738100000000000088800003663840000000000000000000000569100000876150000-2721900000001116000000000346698000011174800001193300001134000021330200000-176870000-79900000-279900000-279900005735000029360000Items that will not be reclassified to Statement of Profit & Loss-18690000-18690000Items that will not be reclassified to Statement of Profit & Loss-23550000-23550000-4710000-5930000Items that will not be reclassified to Statement of Profit & Loss692540000692540000Items that will not be reclassified to Statement of Profit & Loss11596000001159600000174260000291810000504300000850170000AuditedtrueJKVS & Co.true2027-11-30