Godawari Power And Ispat limited has informed the Exchange about Incorporation of Subsidiary company (please refer point no. 4 and Annexure D of the Outcome)
GPIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The board approved audited FY25 results with standalone net profit of Rs 769.64 Cr (down from Rs 917.44 Cr in FY24) on total income of Rs 4,762.89 Cr. Consolidated net profit stood at Rs 812.98 Cr. A final dividend of Re. 1 per share (100%) was recommended, with record date set for August 16, 2025. The board cleared a CAPEX plan to expand steel melting capacity by 50,000 MT and increase solar power capacity from 95 MWp to 125 MWp. It also approved incorporating Godawari Education and Research Foundation, a Section 8 (non-profit) company, to set up a school under CSR jointly with Jayshree Periwal International School. Additionally, the board approved raising long-term debt of Rs 300 Cr from banks or financial institutions, and re-appointed internal, cost, and secretarial auditors.
Despite a decline in yearly profits, the company has maintained its dividend payout and announced fresh capacity expansion in steel and renewable energy, signalling continued growth plans. The new CSR-focused subsidiary is not a core business move, while the Rs 300 Cr debt raise indicates leverage for the planned CAPEX, which shareholders should monitor for execution and return on investment.