Godawari Power And Ispat limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
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Godawari Power and Ispat Limited reported standalone revenue of Rs 4,713.96 crore (flat vs prior year Rs 4,661.24 crore) but standalone PAT grew 19.5% to Rs 919.43 crore from Rs 769.64 crore. Consolidated revenue was Rs 5,380.65 crore (marginal 0.09% growth) while consolidated PAT declined 1.4% to Rs 801.74 crore from Rs 812.98 crore. The Board recommended a dividend of Rs 1 per share (100%). Exceptional item of Rs 36.69 crore includes gain on sale of Ardent Steel Limited and written-off pre-operative costs for a dropped thermal power project. The company received Rs 150.27 crore from preferential allotment of convertible warrants, fully invested in wholly-owned subsidiary Godawari New Energy Private Limited for a Battery Energy Storage System project. Godawari Energy Limited was merged with the company effective April 1, 2025. Statutory auditors Singhi & Co. issued unmodified opinions on both standalone and consolidated financial statements.
The company delivered strong standalone PAT growth of 19.5% driven by exceptional gains and dividend income from JVs. However, consolidated PAT declined marginally due to lower share of profits from associates. The expansion of investment in BESS and new energy ventures signals strategic diversification beyond steel.