Please find attached intimation related to incorporation of subsidiary company (please refer point no. 4 and Annexure D of the outcome)
Awaiting price reaction for this filing.
Godawari Power and Ispat's Board approved audited standalone and consolidated results for Q4 and FY25, with unmodified audit opinions. Standalone net profit fell to Rs 769.64 Cr (vs Rs 917.44 Cr in FY24) on revenue of Rs 4,762.89 Cr; consolidated net profit was Rs 812.98 Cr. The Board recommended a final dividend of Re. 1 per share (100%) for FY25, with record date set as August 16, 2025. It also approved CAPEX to expand steel melting capacity by 50,000 MT and revise its solar power plan from 95 MWp to 125 MWp, and cleared raising of Rs 300 Cr in long-term debt from banks/FIs. Additionally, the Board 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.
Mixed signals for shareholders: profits dipped YoY but the dividend and expansion plans (more steel capacity, doubling solar power for captive use) point to a growth-focused FY26. The Rs 300 Cr debt raise supports the CAPEX plan and may slightly pressure leverage, while the CSR subsidiary has no direct impact on shareholders' returns.