Please find attached intimation regarding Capacity Expansion (please refer point no. 3 and Annexure C of the outcome)
Awaiting price reaction for this filing.
Godawari Power and Ispat Limited announced audited results for Q4 and FY25 (ended March 31, 2025) with auditors M/s Singhi & Co. issuing an unmodified (clean) opinion. On a standalone basis, revenue from operations fell to Rs 4,661.24 Cr from Rs 5,042.12 Cr in FY24, while net profit declined to Rs 769.64 Cr from Rs 917.44 Cr. Consolidated revenue was Rs 5,375.73 Cr (vs Rs 5,455.35 Cr) with consolidated net profit at Rs 812.98 Cr (vs Rs 935.59 Cr). The Board recommended a final dividend of Re. 1 per share (100%) for FY25, with record date set as August 16, 2025. The company approved a CAPEX plan to expand steel melting capacity by 50,000 MT and increase its solar power plant capacity from 95 MWp to 125 MWp (additional 30 MWp) to power the expanded steel facility. The Board also approved raising Rs 300 Cr in long-term debt from banks/FIs/multilateral agencies, and the incorporation of a Section 8 company for a CSR-linked school project.
Despite a year-on-year decline in both revenue (~7.5% standalone) and net profit (~16% standalone), the company's capacity expansion in steel and solar, along with the Rs 300 Cr debt plan, signals a growth-focused strategy. The 100% dividend announcement provides income to shareholders even in a softer earnings year, though the lower profitability may weigh on near-term stock sentiment.