Godawari Power And Ispat limited has informed the Exchange that Record date for the purpose of Dividend is 16-Aug-2025.
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Godawari Power and Ispat Limited announced the outcome of its board meeting held on May 20, 2025. The board approved audited financial results for FY25, with standalone revenue of Rs. 4,661 crore (down from Rs. 5,042 crore in FY24) and standalone net profit of Rs. 769.6 crore (down from Rs. 917.4 crore). A final dividend of Rs. 1 per share (100% on Rs. 1 face value) has been recommended, subject to shareholder approval at the AGM, with the record date fixed as August 16, 2025. The board also approved a CAPEX plan to enhance steel melting capacity by 50,000 MTs and expand solar power capacity from 95 MWp to 125 MWp, raising long-term debt of Rs. 300 crore to fund the expansion. Re-appointments of internal, cost and secretarial auditors were also cleared.
The 100% final dividend rewards shareholders despite a decline in FY25 profits. The Rs. 300 crore debt-funded capacity expansion in steel and solar signals growth ambitions, but higher finance costs and a drop in earnings may pressure short-term stock sentiment. Investors should watch the AGM outcome and debt drawdown.