Godawari Power And Ispat limited has informed the Exchange regarding Board meeting held on May 20, 2025.
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Godawari Power and Ispat's board met on May 20, 2025 and approved audited results for Q4 and FY25 along with several strategic decisions. On a standalone basis, FY25 revenue declined ~7.5% YoY to Rs 4,661 Cr and net profit fell ~16% to Rs 770 Cr (EPS Rs 11.91 vs Rs 13.96). Consolidated revenue dipped ~1.5% to Rs 5,376 Cr with net profit at Rs 813 Cr vs Rs 936 Cr. The board recommended a final dividend of Rs 1 per share (100%), subject to AGM approval, with record date August 16, 2025. The board also approved a CAPEX plan to add 50,000 MT steel melting capacity and expand solar power from 95 MWp to 125 MWp. Additionally, the company plans to raise Rs 300 Cr in long-term debt from banks or financial institutions. Auditors M/s Singhi & Co. issued an unmodified (clean) opinion on the financial statements.
Despite lower YoY profits and revenues, the clean audit opinion, 100% dividend, and meaningful CAPEX expansion (steel + solar) signal confidence and growth intent. The Rs 300 Cr debt raise and capacity expansion could pressure near-term leverage but supports future revenue growth. Shareholders will receive Rs 1 per share dividend pending AGM approval.